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Titan Medical (TSE:TMD) Trading Up 7.1%

Financial News Live · Feb 2, 2023 15:31

Titan Medical Inc. (TSE:TMD – Get Rating)'s share price was up 7.1% during mid-day trading on Tuesday . The company traded as high as C$1.24 and last traded at C$1.20. Approximately 28,127 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 58,968 shares. The stock had previously closed at C$1.12.

Titan Medical Stock Performance

The business's fifty day moving average is C$1.01 and its 200-day moving average is C$0.77. The stock has a market capitalization of C$130.91 million and a PE ratio of -10.64. The company has a quick ratio of 1.18, a current ratio of 1.41 and a debt-to-equity ratio of 21.28.

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Titan Medical (TSE:TMD – Get Rating) last released its earnings results on Thursday, November 10th. The company reported C($0.12) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Titan Medical Inc. will post -1.9800001 EPS for the current fiscal year.

Titan Medical Company Profile

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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.

Titan Medical (TSE:TMD) Trading Up 7.1%

Titan Medical Stock Performance

Titan Medical Company Profile

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