Essex LLC lifted its holdings in shares of Titan Medical Inc. (NASDAQ:TMDI – Get Rating) by 17.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,364,218 shares of the company's stock after buying an additional 359,581 shares during the period. Essex LLC's holdings in Titan Medical were worth $1,064,000 at the end of the most recent reporting period.
Separately, JPMorgan Chase & Co. raised its stake in shares of Titan Medical by 70.9% during the 1st quarter. JPMorgan Chase & Co. now owns 126,600 shares of the company's stock worth $67,000 after buying an additional 52,500 shares during the period. Institutional investors own 3.55% of the company's stock.
Get Titan Medical alerts:Titan Medical Trading Up 4.6 %
Shares of TMDI stock traded up $0.04 during trading hours on Friday, hitting $0.88. 212,696 shares of the company's stock were exchanged, compared to its average volume of 432,199. The firm has a 50 day moving average of $0.73 and a two-hundred day moving average of $0.57. Titan Medical Inc. has a fifty-two week low of $0.38 and a fifty-two week high of $1.20.
Titan Medical (NASDAQ:TMDI – Get Rating) last announced its earnings results on Thursday, November 10th. The company reported ($0.09) earnings per share for the quarter.About Titan Medical
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Titan Medical, Inc engages in the research and development of a computer-assisted robotic surgical technology for application in minimally invasive surgery (MIS). Its portfolio, the Enos system, is a robotic single access surgery with dual 3D and 2D definition vision systems, multi-articulating instruments, and a surgeon workstation.
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