MedX Health (CVE:MDX) Shares Down 11.1%

MedX Health Corp (CVE:MDX)’s stock price dropped 11.1% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 129,502 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 153,790 shares. The stock had previously closed at C$0.09.

MedX Health Price Performance

The company has a market capitalization of C$20.96 million, a price-to-earnings ratio of -2.67 and a beta of 1.41. The stock has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

MedX Health (CVE:MDX) last announced its quarterly earnings results on Wednesday, March 6th. The company reported C($0.53) earnings per share (EPS) for the quarter. The business had revenue of C$26.41 million during the quarter. Equities analysts forecast that MedX Health Corp will post 0.0037531 earnings per share for the current year.

MedX Health Company Profile

MedX Health Corp develops, manufactures, and markets skin related screening tools and phototherapy devices for pain relief and tissue repair in Canada, the United States, and internationally. The company offers SIAscopy, a medical device technology used to scan skin for suspicious moles and lesions; and phototherapeutic medical devices, which use light energy in lower-level laser and LED to provide treatment for pain and tissue damage in the rehabilitation market.