Neurometrix (NURO) Shares Gap Up to $2.07

Neurometrix Inc (NASDAQ:NURO) gapped up prior to trading on Friday . The stock had previously closed at $2.01, but opened at $2.07. Neurometrix shares last traded at $2.08, with a volume of 2192100 shares changing hands.

A number of equities research analysts recently commented on the company. ValuEngine upgraded Neurometrix from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 26th. HC Wainwright reiterated a “buy” rating and issued a $3.00 price objective (down previously from $10.00) on shares of Neurometrix in a report on Friday, October 20th.

The firm has a market capitalization of $4.20, a price-to-earnings ratio of -0.11 and a beta of 0.32.

Neurometrix (NASDAQ:NURO) last released its quarterly earnings data on Friday, October 20th. The medical device company reported ($3.11) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($1.51). Neurometrix had a negative net margin of 98.94% and a negative return on equity of 553.63%.

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Neurometrix Company Profile

NeuroMetrix, Inc is a healthcare company combining bioelectrical and digital medicine to address chronic health conditions, including chronic pain, sleep disorders and diabetes. The Company is engaged in the sale of medical equipment, and consumables and accessories. It has two principal product lines: Wearable neuro-stimulation therapeutic devices and Point-of-care neuropathy diagnostic tests.

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