NanoVibronix (NASDAQ:NAOV) Shares Pass Below 50 Day Moving Average – Should You Sell?

NanoVibronix, Inc. (NASDAQ:NAOVGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.60 and traded as low as $0.37. NanoVibronix shares last traded at $0.38, with a volume of 296,254 shares.

NanoVibronix Stock Performance

The business’s 50 day moving average price is $0.60 and its 200-day moving average price is $0.61. The firm has a market cap of $1.44 million, a price-to-earnings ratio of -0.31 and a beta of 1.64.

About NanoVibronix

(Get Free Report)

NanoVibronix, Inc, through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy. Its product portfolio includes UroShield, an ultrasound-based product to prevent bacterial colonization and biofilm in urinary catheters, enhance antibiotic efficacy, and decrease pain and discomfort associated with urinary catheter use.

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