Titan Medical (NASDAQ:TMDIF) Shares Up 7% – Here’s Why

Titan Medical Inc. (NASDAQ:TMDIFGet Free Report)’s share price rose 7% during mid-day trading on Friday . The company traded as high as $0.42 and last traded at $0.42. Approximately 4,519 shares changed hands during trading, a decline of 94% from the average daily volume of 74,785 shares. The stock had previously closed at $0.39.

Titan Medical Stock Up 7.0 %

The business’s 50 day moving average is $0.44 and its two-hundred day moving average is $0.45. The firm has a market capitalization of $47.97 million, a P/E ratio of -0.34 and a beta of 1.26.

About Titan Medical

(Get Free Report)

Titan Medical Inc operates as a medical technology company. It focuses on the development and licensing of robotic assisted surgical technologies. The company is headquartered in Toronto, Canada.

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