Titan Medical (NASDAQ:TMDIF) Trading Up 11.7% – Should You Buy?

Titan Medical Inc. (NASDAQ:TMDIFGet Free Report)’s share price rose 11.7% during mid-day trading on Thursday . The stock traded as high as $0.50 and last traded at $0.50. Approximately 12,882 shares traded hands during trading, a decline of 83% from the average daily volume of 74,785 shares. The stock had previously closed at $0.45.

Titan Medical Stock Performance

The firm has a fifty day simple moving average of $0.55 and a 200-day simple moving average of $0.25. The company has a market capitalization of $53.98 million, a PE ratio of -0.38 and a beta of 1.26.

Titan Medical Company Profile

(Get Free Report)

Titan Medical Inc operates as a medical technology company. It focuses on the development and licensing of robotic assisted surgical technologies. The company is headquartered in Toronto, Canada.

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