Guided Therapeutics, Inc. (OTCMKTS:GTHP) Sees Significant Decline in Short Interest

Guided Therapeutics, Inc. (OTCMKTS:GTHPGet Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 12,300 shares, a decline of 6.1% from the September 30th total of 13,100 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 4.7 days.

Guided Therapeutics Price Performance

Shares of Guided Therapeutics stock opened at $0.16 on Thursday. Guided Therapeutics has a 1 year low of $0.06 and a 1 year high of $0.25. The firm’s 50-day moving average is $0.16 and its 200 day moving average is $0.13. The stock has a market cap of $9.76 million, a price-to-earnings ratio of -5.33 and a beta of 0.52.

Guided Therapeutics (OTCMKTS:GTHPGet Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Guided Therapeutics

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Guided Therapeutics, Inc, a medical technology company, focuses on developing medical devices. It focuses on the commercialization of LuViva, a non-invasive cervical cancer detection device that identifies cervical cancers and precancers painlessly, non-invasively, and at the point-of-care by scanning the cervix with light, then analyzing the light reflected and fluorescent light.

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