Edap Tms (EDAP) Expected to Announce Earnings on Thursday

Edap Tms (NASDAQ:EDAP) will likely be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $20.83 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Edap Tms Stock Down 5.1 %

EDAP opened at $2.06 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.18 and a quick ratio of 1.46. Edap Tms has a 12 month low of $2.00 and a 12 month high of $8.50. The stock has a market capitalization of $76.43 million, a P/E ratio of -3.17 and a beta of 0.37. The business has a 50 day simple moving average of $2.42 and a 200-day simple moving average of $2.52.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Edap Tms in a research report on Thursday, March 20th. They set a “hold” rating on the stock.

About Edap Tms

EDAP TMS SA is a holding company, which, through its subsidiary, engages in the development, production, and marketing of minimally invasive medical devices for urological diseases. It operates through the High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) segments. The HIFU segment develops, manufactures, and markets devices for the minimally invasive ablation of certain types of localized tumors using HIFU technology.