Medigus Ltd. Plans Not Available Dividend of $0.85 (NASDAQ:MDGS)

Medigus Ltd. (NASDAQ:MDGS – Get Rating) declared a Not Available dividend on Thursday, December 8th, Zacks reports. Shareholders of record on Tuesday, December 20th will be paid a dividend of 0.85 per share on Wednesday, December 28th. The ex-dividend date is Monday, December 19th.

Medigus Price Performance

Shares of MDGS opened at $6.26 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.33. Medigus has a 1 year low of $4.53 and a 1 year high of $19.50. The company’s fifty day moving average is $6.79 and its two-hundred day moving average is $8.81.

Hedge Funds Weigh In On Medigus

A hedge fund recently bought a new stake in Medigus stock. Virtu Financial LLC purchased a new position in shares of Medigus Ltd. (NASDAQ:MDGS – Get Rating) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 61,809 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned 0.39% of Medigus as of its most recent SEC filing. 1.21% of the stock is currently owned by institutional investors.

About Medigus

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Medigus Ltd., a technology-based company, provides medical-related devices and products in the United States, Europe, China, Israel, and internationally. It offers Medigus Ultrasonic Surgical Endostapler, an endoscopy system, which is used for the treatment of gastroesophageal reflux disease. The company also develops biological gels to protect patients against biological threats and reduce the intrusion of allergens and viruses through the upper airways and eye cavities.