InspireMD Inc (NSPR) Stock Price Down 2.7%

InspireMD Inc (NASDAQ:NSPR) shares traded down 2.7% on Friday . The stock traded as low as $0.35 and last traded at $0.38. 281,406 shares changed hands during trading, an increase of 5% from the average session volume of 268,462 shares. The stock had previously closed at $0.37.

The firm’s 50-day moving average is $0.38 and its 200 day moving average is $0.67. The stock’s market capitalization is $2.53 million.

InspireMD (NASDAQ:NSPR) last released its earnings results on Tuesday, August 8th. The medical equipment provider reported ($0.21) earnings per share for the quarter. The firm had revenue of $0.64 million for the quarter. InspireMD had a negative return on equity of 136.76% and a negative net margin of 358.44%. Equities analysts forecast that InspireMD Inc will post ($0.61) EPS for the current fiscal year.

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InspireMD Company Profile

InspireMD, Inc is a medical device company. The Company is focusing on the development and commercialization of its MicroNet stent platform technology for the treatment of vascular and coronary disease. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures.

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