Medacta Group SA (OTCMKTS:MEDGF – Get Free Report) shares shot up 85.3% on Friday . The stock traded as high as $160.00 and last traded at $160.00. Approximately 75 shares were traded during mid-day trading, a decline of 62% from the average session volume of 200 shares. The stock had previously closed at $86.3275.
Medacta Group Stock Performance
The stock’s 50 day moving average is $85.43 and its 200 day moving average is $84.44.
About Medacta Group
Medacta Group is a Switzerland‐based medical device company specializing in the design, manufacture and marketing of orthopedic and spine surgery solutions. The company develops a range of implants, instruments and surgical protocols aimed at improving patient outcomes in hip, knee, shoulder, spine and sports medicine procedures. Its product portfolio includes both standard and patient‐specific systems, supported by minimally invasive techniques and proprietary surgical instrumentation.
Central to Medacta’s offering are its joint replacement systems, which cover total and partial hip and knee arthroplasty.
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