Daxor (NASDAQ:DXR) Trading 7.6% Higher – What’s Next?

Daxor Corporation (NASDAQ:DXRGet Free Report) traded up 7.6% during mid-day trading on Monday . The stock traded as high as $13.00 and last traded at $12.96. 12,411 shares traded hands during trading, an increase of 203% from the average session volume of 4,094 shares. The stock had previously closed at $12.05.

Daxor Stock Performance

The company has a 50-day simple moving average of $10.87 and a 200-day simple moving average of $9.22.

Hedge Funds Weigh In On Daxor

An institutional investor recently bought a new position in Daxor stock. Osaic Holdings Inc. bought a new position in shares of Daxor Corporation (NASDAQ:DXRFree Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 8,750 shares of the company’s stock, valued at approximately $86,000. Osaic Holdings Inc. owned 0.18% of Daxor at the end of the most recent quarter. Hedge funds and other institutional investors own 1.34% of the company’s stock.

Daxor Company Profile

(Get Free Report)

Daxor Corporation, a medical device company, provides blood volume measurement technology focused on blood volume testing. The company develops and markets BVA-100 Blood Volume Analyzer, a diagnostic blood test to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms for used in a broad range of medical and surgical conditions.

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