InspireMD Inc (NYSEAMERICAN:NSPR)’s share price dropped 4.8% on Friday . The company traded as low as $0.20 and last traded at $0.20. Approximately 62,227 shares changed hands during trading, a decline of 93% from the average daily volume of 925,366 shares. The stock had previously closed at $0.21.

InspireMD (NYSEAMERICAN:NSPR) last announced its quarterly earnings results on Monday, August 6th. The medical equipment provider reported ($0.15) earnings per share for the quarter. The business had revenue of $1.00 million for the quarter. InspireMD had a negative return on equity of 720.33% and a negative net margin of 179.74%.

InspireMD Company Profile (NYSEAMERICAN:NSPR)

InspireMD, Inc, a medical device company, focuses on the development and commercialization of proprietary MicroNet stent platform technology for the treatment of coronary and vascular diseases. The company offers CGuard carotid embolic prevention systems for use in carotid artery applications; and MGuard prime embolic protection systems for use in patients with acute coronary syndromes, notably acute myocardial infarction, and saphenous vein graft coronary interventions.

Further Reading: Outstanding Shares and The Effect on Share Price

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