Titan Medical Inc. (NASDAQ:TMDIF – Get Free Report)’s share price dropped 16.5% on Friday . The stock traded as low as $0.50 and last traded at $0.52. Approximately 2,063 shares changed hands during trading, a decline of 97% from the average daily volume of 74,785 shares. The stock had previously closed at $0.62.
Titan Medical Stock Performance
The company has a market capitalization of $59.07 million, a P/E ratio of -0.41 and a beta of 1.26. The stock’s fifty day moving average price is $0.48 and its 200-day moving average price is $0.31.
Titan Medical Company Profile
Titan Medical Inc operates as a medical technology company. It focuses on the development and licensing of robotic assisted surgical technologies. The company is headquartered in Toronto, Canada.
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