Shares of Avinger, Inc. (NASDAQ:AVGR – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.68 and traded as high as $0.82. Avinger shares last traded at $0.60, with a volume of 33,409,713 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Avinger in a research report on Friday. They issued a “hold” rating for the company.
Read Our Latest Analysis on AVGR
Avinger Stock Down 20.7 %
Avinger Company Profile
Avinger, Inc, a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral artery disease (PAD) primarily in the United States and Germany. The company develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures.
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