SANUWAVE Health (OTCMKTS:SNWV) Shares Down 2.1% - Here's What Happened

Key Points

• SANUWAVE Health's stock price decreased by 2.1% on Wednesday, closing at $31.33 after reaching a low of $30.99.
• The company experienced a significant trading volume, with 189,948 shares exchanged—an increase of 244% from its average volume.
• SANUWAVE Health specializes in noninvasive shock wave technology for regenerative medicine, focusing on repairing and regenerating tissue and vascular structures.

SANUWAVE Health, Inc. (OTCMKTS:SNWV - )'s stock price fell 2.1% on Wednesday . The company traded as low as $30.99 and last traded at $31.33. 189,948 shares traded hands during trading, an increase of 244% from the average session volume of 55,234 shares. The stock had previously closed at $32.01.

SANUWAVE Health Stock Performance

The business has a 50-day simple moving average of $37.69 and a two-hundred day simple moving average of $33.86. The stock has a market cap of $268.44 million, a price-to-earnings ratio of 3.76 and a beta of 1.33.

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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