Titan Medical Inc. (TSE:TMD – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 2358 shares changing hands. The stock had previously closed at C$0.07.
Titan Medical Trading Down 7.1 %
The firm has a market cap of C$7.33 million, a price-to-earnings ratio of -1.75 and a beta of 2.03. The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.10. The company has a debt-to-equity ratio of 19.07, a quick ratio of 1.18 and a current ratio of 4.92.
Titan Medical Company Profile
Titan Medical Inc, a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during surgical procedures.
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