Trimedyne (OTCMKTS:TMED) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Trimedyne, Inc. (OTCMKTS:TMEDGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.25 and traded as low as $4.25. Trimedyne shares last traded at $4.25, with a volume of 100 shares trading hands.

Trimedyne Stock Performance

The firm has a 50 day simple moving average of $4.25 and a 200-day simple moving average of $4.25.

About Trimedyne

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Trimedyne, Inc manufactures and sells lasers, and disposable and reusable fiber-optic laser devices for use in the medical field. It offers lasers, fibers, needles, and switch tips for use in orthopedics, urology, ear and nose surgery, throat surgery, gynecology, gastrointestinal surgery, general surgery, and other medical specialties.

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