PAVmed (NASDAQ:PAVM) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

PAVmed Inc. (NASDAQ:PAVMGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.67 and traded as high as $0.80. PAVmed shares last traded at $0.79, with a volume of 537,019 shares traded.

Wall Street Analyst Weigh In

Separately, Ascendiant Capital Markets reduced their target price on shares of PAVmed from $21.00 to $19.00 and set a “buy” rating for the company in a report on Monday, December 9th.

Read Our Latest Analysis on PAVmed

PAVmed Price Performance

The business’s 50 day simple moving average is $0.67 and its 200 day simple moving average is $0.93.

About PAVmed

(Get Free Report)

PAVmed Inc focuses on acquiring, developing, and commercializing novel products that target unmet needs in the United States. The company's lead products include CarpX, a patented, single-use, disposable, and minimally invasive surgical device for use in the treatment of carpal tunnel syndrome; EsoCheck Esophageal Cell Collection Device, which consists of diagnostic test that serves as a testing tool for preventing esophageal adenocarcinoma deaths, through early detection of esophageal precancer in at-risk gastroesophageal reflux disease, including chronic heartburn and acid reflux or simply reflux in patients; and EsoGuard, a bisulfite-converted next-generation sequencing DNA assay performed on surface esophageal cells collected with EsoCheck.

Further Reading

Receive News & Ratings for PAVmed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PAVmed and related companies with MarketBeat.com's FREE daily email newsletter.