SANUWAVE Health (OTCMKTS:SNWV) Hits New 1-Year High – Time to Buy?

Shares of SANUWAVE Health, Inc. (OTCMKTS:SNWV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $18.65 and last traded at $17.70, with a volume of 8360 shares changing hands. The stock had previously closed at $18.10.

SANUWAVE Health Stock Performance

The company has a market cap of $21.91 billion, a price-to-earnings ratio of -1,855.00 and a beta of 1.20. The business has a 50-day simple moving average of $10.99 and a 200-day simple moving average of $8.18.

SANUWAVE Health (OTCMKTS:SNWV) last released its quarterly earnings data on Monday, August 12th. The company reported $3.75 EPS for the quarter. SANUWAVE Health had a negative return on equity of 23.83% and a negative net margin of 13.79%. The business had revenue of $7.16 million for the quarter.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.