Apyx Medical Co. (NASDAQ:APYX – Get Free Report) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 371,100 shares, a drop of 47.5% from the March 31st total of 706,700 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 154,700 shares, the days-to-cover ratio is presently 2.4 days.
Apyx Medical Stock Down 2.0 %
NASDAQ APYX traded down $0.03 during trading hours on Friday, hitting $1.45. 58,368 shares of the company’s stock traded hands, compared to its average volume of 85,303. The company has a debt-to-equity ratio of 1.23, a quick ratio of 4.74 and a current ratio of 5.52. Apyx Medical has a 52 week low of $1.21 and a 52 week high of $7.97. The business’s fifty day moving average price is $1.67 and its two-hundred day moving average price is $2.13.
Apyx Medical (NASDAQ:APYX – Get Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.06). The company had revenue of $14.66 million during the quarter, compared to analysts’ expectations of $14.40 million. Apyx Medical had a negative return on equity of 54.90% and a negative net margin of 35.75%. On average, research analysts expect that Apyx Medical will post -0.74 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Apyx Medical
Apyx Medical Company Profile
Apyx Medical Corporation, an energy technology company, develops, manufactures, and sells medical devices in the cosmetic and surgical markets in the United States and internationally. It operates through two segments: Advanced Energy and Original Equipment Manufacturing (OEM). The company offers Helium Plasma Generator for delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures.
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