Vivani Medical (NASDAQ:VANI) Shares Up 0.9% – Here’s What Happened

Vivani Medical, Inc. (NASDAQ:VANI)’s share price was up 0.9% on Monday . The stock traded as high as $1.15 and last traded at $1.14. Approximately 20,934 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 1,130,655 shares. The stock had previously closed at $1.13.

Vivani Medical Price Performance

The company has a market cap of $68.17 million, a price-to-earnings ratio of -2.48 and a beta of 3.21. The firm has a 50 day simple moving average of $1.23 and a 200-day simple moving average of $1.45.

Vivani Medical (NASDAQ:VANI) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02.

About Vivani Medical

Vivani Medical, Inc, a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals.