Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles, as well as the Ocelot family of catheters, which are designed to penetrate a total blockage in an artery; and Pantheris, an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition, its first-generation chronic total occlusion (CTO)-crossing catheters, Wildcat, and Kittycat 2, which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. The company sells and markets its products to interventional cardiologists, vascular surgeons, and interventional radiologists. Avinger, Inc. was founded in 2007 and is headquartered in Redwood City, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AVGR
Previous Symbol
CUSIPN/A
Phone650-241-7900
Debt
Debt-to-Equity RatioN/A
Current Ratio1.12
Quick Ratio1.04
Price-To-Earnings
Trailing P/E Ratio0.00
Forward P/E Ratio-0.04
P/E GrowthN/A
Sales & Book Value
Annual Sales$9.93 million
Price / Sales0.35
Cash FlowN/A
Price / CashN/A
Book Value$0.36 per share
Price / Book0.83
Profitability
EPS (Most Recent Fiscal Year)($70.07)
Net Income$-48,730,000.00
Net Margins-416.08%
Return on EquityN/A
Return on Assets-158.54%
Miscellaneous
Employees65
Outstanding Shares11,550,000
Market Cap$3.46 million
OptionableNot Optionable
Avinger (NASDAQ:AVGR) Frequently Asked Questions
What is Avinger's stock symbol?
Avinger trades on the NASDAQ under the ticker symbol "AVGR."
When did Avinger's stock split? How did Avinger's stock split work?
Avinger's stock reverse split before market open on Wednesday, January 31st 2018. The 1-40 reverse split was announced on Tuesday, January 30th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, January 30th 2018. An investor that had 100 shares of Avinger stock prior to the reverse split would have 3 shares after the split.
How were Avinger's earnings last quarter?
Avinger Inc (NASDAQ:AVGR) posted its quarterly earnings data on Tuesday, November, 13th. The medical device company reported ($0.56) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.51) by $0.05. The medical device company earned $2.02 million during the quarter. View Avinger's Earnings History.
When is Avinger's next earnings date?
What is the consensus analysts' recommendation for Avinger?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avinger in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Avinger.
Has Avinger been receiving favorable news coverage?
News coverage about AVGR stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Avinger earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned news headlines about the medical device company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the next several days.
Are investors shorting Avinger?
Avinger saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,851,200 shares, an increase of 130.7% from the October 15th total of 802,281 shares. Based on an average daily trading volume, of 1,272,256 shares, the short-interest ratio is presently 1.5 days. Currently, 16.1% of the shares of the stock are sold short. View Avinger's Current Options Chain.
Who are some of Avinger's key competitors?
Some companies that are related to Avinger include Presbia (LENS), Valeritas (VLRX), Alliqua Biomedical (ALQA), Neurometrix (NURO), Atossa Genetics (ATOS), Viatar CTC Solutions (VRTT), United American Healthcare (UAHC), Cytocore (MDIT), Regenicin (RGIN), Encision (ECIA), Amedica (AMDA), Calmare Therapeutics (CTTC), Delcath Systems (DCTH), Cytori Therapeutics (CYTX) and AdvanSource Biomaterials Corpration (ASNB).
Who are Avinger's key executives?
Avinger's management team includes the folowing people:
- Mr. Jeffrey M. Soinski, Pres, CEO & Director (Age 56)
- Mr. Matthew B. Ferguson, Consultant (Age 50)
- Dr. John Bush Simpson, Founder (Age 74)
- Mr. Mark B. Weinswig, Chief Financial Officer (Age 45)
- Mr. Keith Schaefer, Chief Operating Officer
When did Avinger IPO?
(AVGR) raised $60 million in an initial public offering on Friday, January 30th 2015. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Canaccord Genuity and Cowen and Company acted as the underwriters for the IPO and Oppenheimer, BTIG and Stephens were co-managers.
How do I buy shares of Avinger?
Shares of AVGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Avinger's stock price today?
One share of AVGR stock can currently be purchased for approximately $0.2998.
How big of a company is Avinger?
Avinger has a market capitalization of $3.46 million and generates $9.93 million in revenue each year. The medical device company earns $-48,730,000.00 in net income (profit) each year or ($70.07) on an earnings per share basis. Avinger employs 65 workers across the globe.
What is Avinger's official website?
How can I contact Avinger?
Avinger's mailing address is 400 CHESAPEAKE DRIVE, REDWOOD CITY CA, 94063. The medical device company can be reached via phone at 650-241-7900 or via email at [email protected]
MarketBeat Community Rating for Avinger (NASDAQ AVGR)
MarketBeat's community ratings are surveys of what our community members think about Avinger and other stocks. Vote "Outperform" if you believe AVGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVGR will underperform the S&P 500 over the long term. You may vote once every thirty days.
