Shares of Nanosonics Limited (OTCMKTS:NNCSF – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $1.94 and traded as high as $1.97. Nanosonics shares last traded at $1.97, with a volume of 3,000 shares traded.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada upgraded shares of Nanosonics from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy”.
Read Our Latest Stock Report on Nanosonics
Nanosonics Trading Up 7.1%
The business’s 50-day moving average is $1.94 and its two-hundred day moving average is $2.30.
Nanosonics Company Profile
Nanosonics Limited is an Australian medical technology company focused on infection prevention and the development of automated disinfection solutions for healthcare environments. The company is best known for its trophon platform, which is designed to provide high-level disinfection for ultrasound transducers that come into contact with patients.
Its product portfolio includes the trophon2 system, related disinfectant consumables and accessories, and software and workflow tools such as Nanosonics AuditPro.
Featured Articles
- Five stocks we like better than Nanosonics
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
Receive News & Ratings for Nanosonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanosonics and related companies with MarketBeat.com's FREE daily email newsletter.
