TransEnterix (OTCMKTS:TRXDW) Stock Price Down 11.8% – Here’s What Happened

TransEnterix, Inc. (OTCMKTS:TRXDWGet Free Report) dropped 11.8% on Monday . The company traded as low as $0.15 and last traded at $0.15. Approximately 5,000 shares changed hands during trading, a decline of 39% from the average daily volume of 8,250 shares. The stock had previously closed at $0.17.

TransEnterix Stock Performance

The business has a 50-day simple moving average of $0.16 and a two-hundred day simple moving average of $0.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.24 and a quick ratio of 2.30. The stock has a market cap of $21.42 million, a price-to-earnings ratio of -0.04 and a beta of 2.56.

About TransEnterix

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TransEnterix, Inc, a medical device company, engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgery. The company offers Senhance System, a multi-port robotic surgery system, which allows up to four arms to control robotic instruments and a camera in Europe.

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