Revenio Group Oyj (OTCMKTS:REVXF) Stock Price Down 32.7% – Time to Sell?

Revenio Group Oyj (OTCMKTS:REVXF) dropped 32.7% during mid-day trading on Wednesday . The stock traded as low as $19.17 and last traded at $19.17. Approximately 500 shares changed hands during trading, an increase of 150% from the average daily volume of 200 shares. The stock had previously closed at $28.50.

Revenio Group Oyj Price Performance

The firm has a 50-day moving average price of $24.88 and a 200 day moving average price of $27.51.

Revenio Group Oyj Company Profile

Revenio Group Oyj is a Finland‐based medical technology company specializing in ophthalmic diagnostic instruments. The company’s core business centers on the design, manufacture and sales of intraocular pressure (IOP) measurement devices that support glaucoma screening, diagnosis and long‐term patient monitoring. Utilizing patented rebound tonometry technology, Revenio’s tonometers provide rapid, non-invasive IOP readings without the need for topical anesthesia, making them well‐suited for both clinical and home settings.

Revenio’s product portfolio is anchored by the Icare® family of tonometers, which includes the Icare PRO for clinical use and the Icare HOME for patient self-monitoring.