Titan Medical Inc. (NASDAQ:TMDIF – Get Free Report)’s share price was up 11.3% during trading on Tuesday . The company traded as high as $0.2059 and last traded at $0.2059. Approximately 7,304 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 74,785 shares. The stock had previously closed at $0.1850.
Titan Medical Stock Performance
The firm has a market cap of $22.32 million, a P/E ratio of -0.16 and a beta of 1.26. The stock has a fifty day simple moving average of $0.27 and a 200 day simple moving average of $0.31.
About Titan Medical
Titan Medical Inc is a Canadian medical device company focused on the design, development and future commercialization of a single-port robotic surgical system. The company’s flagship platform, the Sport™ Surgical System, is engineered to provide surgeons with a minimally invasive solution that utilizes a single access point. By integrating multi-articulated instruments with three-dimensional high-definition visualization, Titan Medical aims to offer enhanced dexterity, precision and ergonomics compared with traditional multi-port robotic systems.
The Sport Surgical System is being developed to address a range of procedures across urology, gynecology and general surgery.
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