StockNews.com Initiates Coverage on InspireMD (NYSE:NSPR)

StockNews.com initiated coverage on shares of InspireMD (NYSE:NSPRGet Rating) in a research note issued on Monday. The brokerage set a “sell” rating on the stock.

InspireMD Stock Up 10.7 %

NSPR stock opened at $1.14 on Monday. The stock has a 50-day simple moving average of $1.29 and a two-hundred day simple moving average of $1.74. The firm has a market capitalization of $9.50 million, a PE ratio of -0.50 and a beta of 1.06. InspireMD has a twelve month low of $0.81 and a twelve month high of $3.85.

About InspireMD

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InspireMD, Inc, a medical device company, focuses on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of vascular and coronary diseases in Europe, Latin America, the Middle East, and Asia Pacific. The company offers CGuard carotid embolic prevention system for use in carotid artery applications; and MGuard Prime embolic protection systems for use in patients with acute coronary syndromes, notably acute myocardial infarction, and saphenous vein graft coronary interventions, as well as bypass surgery.

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