SANUWAVE Health (OTCMKTS:SNWV) Hits New 52-Week High – Here’s Why

SANUWAVE Health, Inc. (OTCMKTS:SNWV)’s stock price hit a new 52-week high on Thursday . The company traded as high as $22.46 and last traded at $17.00, with a volume of 15217 shares traded. The stock had previously closed at $14.25.

SANUWAVE Health Trading Up 19.3 %

The stock has a market cap of $20.08 billion, a price-to-earnings ratio of -1,700.00 and a beta of 1.20. The stock’s 50 day moving average is $8.80 and its two-hundred day moving average is $7.57.

SANUWAVE Health (OTCMKTS:SNWV) last issued its quarterly earnings results on Monday, August 12th. The company reported $3.75 earnings per share for the quarter. The firm had revenue of $7.16 million during the quarter. SANUWAVE Health had a negative net margin of 13.79% and a negative return on equity of 23.83%.

SANUWAVE Health Company Profile

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.