NanoVibronix (NASDAQ:NAOV) Stock Passes Below 50-Day Moving Average – Here’s Why

NanoVibronix, Inc. (NASDAQ:NAOVGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $4.49 and traded as low as $3.12. NanoVibronix shares last traded at $4.45, with a volume of 1,050,191 shares changing hands.

NanoVibronix Price Performance

The firm has a market capitalization of $3.52 million, a PE ratio of -3.62 and a beta of 1.81. The company’s fifty day simple moving average is $4.49 and its 200-day simple moving average is $6.00.

NanoVibronix Company Profile

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NanoVibronix, Inc, through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy. Its product portfolio includes UroShield, an ultrasound-based product to prevent bacterial colonization and biofilm in urinary catheters, enhance antibiotic efficacy, and decrease pain and discomfort associated with urinary catheter use.

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