STRATA Skin Sciences (NASDAQ:SSKN) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.06 and traded as high as $3.11. STRATA Skin Sciences shares last traded at $3.07, with a volume of 4,368 shares trading hands.

STRATA Skin Sciences Price Performance

The company has a market capitalization of $12.80 million, a PE ratio of -1.15 and a beta of 1.34. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.62. The company’s 50 day moving average price is $3.02 and its 200-day moving average price is $3.06.

Hedge Funds Weigh In On STRATA Skin Sciences

A hedge fund recently bought a new stake in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV purchased a new stake in shares of STRATA Skin Sciences, Inc. (NASDAQ:SSKN) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned approximately 0.34% of STRATA Skin Sciences as of its most recent SEC filing. Institutional investors own 32.43% of the company’s stock.

STRATA Skin Sciences Company Profile

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.