iCAD, Inc. (NASDAQ:ICAD - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.61 and traded as high as $2.06. iCAD shares last traded at $1.96, with a volume of 197,827 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised iCAD from a "sell" rating to a "hold" rating in a report on Thursday, November 21st.
Read Our Latest Research Report on iCAD
iCAD Price Performance
The firm has a market cap of $50.43 million, a PE ratio of -14.62 and a beta of 1.40. The company has a 50 day simple moving average of $1.83 and a 200-day simple moving average of $1.61.
Hedge Funds Weigh In On iCAD
A hedge fund recently bought a new stake in iCAD stock. Essex LLC bought a new position in shares of iCAD, Inc. (NASDAQ:ICAD - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 137,963 shares of the technology company's stock, valued at approximately $216,000. Essex LLC owned 0.52% of iCAD at the end of the most recent quarter. Institutional investors and hedge funds own 24.61% of the company's stock.
iCAD Company Profile
(
Get Free Report)
iCAD, Inc engages in the provision of cancer detection and therapy solutions in the United States. It operates through two segments, Detection and Therapy. The company provides ProFound AI for digital breast tomosynthesis and 2D mammography; PowerLook, a density assessment solution; and ProFound Risk, a breast cancer risk analysis.
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