NeuroMetrix (NASDAQ:NURO) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of NeuroMetrix (NASDAQ:NURO) in a research note published on Saturday. The brokerage issued a sell rating on the medical device company’s stock.

NeuroMetrix Stock Down 2.4 %

Shares of NASDAQ:NURO opened at $3.81 on Friday. The company’s fifty day moving average is $4.08 and its 200 day moving average is $3.84. NeuroMetrix has a 52 week low of $2.66 and a 52 week high of $4.73. The stock has a market cap of $7.78 million, a PE ratio of -0.83 and a beta of 2.18.

NeuroMetrix (NASDAQ:NURO) last released its quarterly earnings data on Tuesday, November 5th. The medical device company reported ($0.75) EPS for the quarter. The company had revenue of $0.59 million during the quarter. NeuroMetrix had a negative return on equity of 42.56% and a negative net margin of 203.71%. During the same quarter in the prior year, the company posted ($1.66) EPS.

About NeuroMetrix

NeuroMetrix, Inc, a commercial stage neurotechnology company, engages in designing, building, and marketing medical devices that stimulate and analyze nerve response for diagnostic and therapeutic purposes in the United States, Europe, Japan, and China. Its marketed products include DPNCheck, a nerve conduction test that is used to evaluate peripheral neuropathies, such as diabetic peripheral neuropathy; Quell, a wearable device for symptomatic relief and management of chronic pain; and ADVANCE system offers services to device and provide disposable electrodes to a customer base of hand surgeons and manufacturers for industrial health use.