NeurAxis (NASDAQ:NRXS) Shares Down 2.8% – Time to Sell?

NeurAxis, Inc. (NASDAQ:NRXSGet Free Report) shares fell 2.8% during mid-day trading on Friday . The company traded as low as $2.80 and last traded at $2.80. 2,021 shares traded hands during trading, a decline of 78% from the average session volume of 9,040 shares. The stock had previously closed at $2.88.

NeurAxis Trading Down 2.8 %

The stock’s 50-day moving average is $3.05 and its 200-day moving average is $3.04. The stock has a market cap of $19.15 million, a price-to-earnings ratio of -0.95 and a beta of 4.30.

NeurAxis (NASDAQ:NRXSGet Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.42) earnings per share for the quarter. The company had revenue of $0.61 million for the quarter.

NeurAxis Company Profile

(Get Free Report)

NeurAxis, Inc, a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome.

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