SANUWAVE Health (OTCMKTS:SNWV) Share Price Passes Below Fifty Day Moving Average - Time to Sell?

Shares of SANUWAVE Health, Inc. (OTCMKTS:SNWV - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $30.43 and traded as low as $26.89. SANUWAVE Health shares last traded at $28.50, with a volume of 62,805 shares changing hands.

SANUWAVE Health Stock Up 1.8 %

The company has a market capitalization of $243.65 million, a price-to-earnings ratio of 3.42 and a beta of 1.25. The company has a 50 day simple moving average of $30.43 and a 200 day simple moving average of $24.45.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.

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