Shares of Xtant Medical Holdings, Inc. (NYSEAMERICAN:XTNT – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.65. Xtant Medical shares last traded at $0.63, with a volume of 31,056 shares.
Analyst Ratings Changes
Separately, BTIG Research raised their price target on Xtant Medical from $2.00 to $3.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th.
Read Our Latest Report on Xtant Medical
Xtant Medical Price Performance
Xtant Medical (NYSEAMERICAN:XTNT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The medical device company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $27.87 million during the quarter. Xtant Medical had a negative return on equity of 3.60% and a negative net margin of 1.64%.
Hedge Funds Weigh In On Xtant Medical
A number of institutional investors have recently added to or reduced their stakes in the company. AWM Investment Company Inc. bought a new stake in Xtant Medical in the 3rd quarter worth about $516,000. Juniper Investment Company LLC purchased a new position in Xtant Medical in the first quarter worth about $408,000. Finally, Vanguard Group Inc. boosted its position in Xtant Medical by 3.2% in the first quarter. Vanguard Group Inc. now owns 1,548,312 shares of the medical device company’s stock worth $1,812,000 after purchasing an additional 48,319 shares during the last quarter. Institutional investors own 69.33% of the company’s stock.
Xtant Medical Company Profile
Xtant Medical Holdings, Inc provides regenerative medicine products and medical devices for orthopedic and neurological surgeons. It offers OsteoSponge that provides a natural scaffold for cellular in-growth and exposes bone-forming proteins to the healing environment; OsteoSelect DBM Putty to mold into any shape and compressed into bony voids; OsteoSelect PLUS DBM Putty to deliver handling properties and ensure patient safety through validated terminal sterilization; 3Demin, a family of allografts that maximizes osteoconductivity and the osteoinductive potential of human bone; OsteoFactor, a processed allograft that contains retained growth factors found within the endosteum layer of allograft bone; OsteoVive Plus, a growth factor enriched cellular bone matrix; and nanOss family of products that provide osteoconductive nano-structured hydroxyapatite and an engineered extracellular matrix bioscaffold collagen carrier.
See Also
- Five stocks we like better than Xtant Medical
- Canadian Penny Stocks: Can They Make You Rich?
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- How to Read Stock Charts for Beginners
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Xtant Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtant Medical and related companies with MarketBeat.com's FREE daily email newsletter.