NeuroMetrix (NASDAQ:NURO) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of NeuroMetrix (NASDAQ:NURO) in a research report released on Saturday morning. The brokerage issued a sell rating on the medical device company’s stock.

NeuroMetrix Price Performance

Shares of NURO opened at $4.55 on Friday. The company has a market capitalization of $9.15 million, a P/E ratio of -0.72 and a beta of 2.29. NeuroMetrix has a one year low of $2.66 and a one year high of $5.56. The business’s 50 day simple moving average is $3.92 and its 200-day simple moving average is $3.87.

NeuroMetrix (NASDAQ:NURO) last announced its earnings results on Tuesday, August 6th. The medical device company reported ($0.74) earnings per share for the quarter. The business had revenue of $0.77 million during the quarter. NeuroMetrix had a negative net margin of 181.04% and a negative return on equity of 41.74%.

About NeuroMetrix

NeuroMetrix, Inc, a commercial stage neurotechnology company, engages in designing, building, and marketing medical devices that stimulate and analyze nerve response for diagnostic and therapeutic purposes in the United States, Europe, Japan, and China. Its marketed products include DPNCheck, a nerve conduction test that is used to evaluate peripheral neuropathies, such as diabetic peripheral neuropathy; Quell, a wearable device for symptomatic relief and management of chronic pain; and ADVANCE system offers services to device and provide disposable electrodes to a customer base of hand surgeons and manufacturers for industrial health use.