Avinger (NASDAQ:AVGR) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Avinger (NASDAQ:AVGR) in a research report report published on Saturday. The firm issued a hold rating on the medical device company’s stock.

Avinger Stock Performance

Avinger stock opened at $0.47 on Friday. Avinger has a fifty-two week low of $0.36 and a fifty-two week high of $5.45. The firm has a 50 day moving average price of $0.64 and a 200 day moving average price of $0.85. The company has a market capitalization of $1.57 million, a PE ratio of -0.04 and a beta of 1.09.

About Avinger

Avinger, Inc, a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral artery disease (PAD) primarily in the United States and Germany. The company 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.