NanoVibronix (NASDAQ:NAOV) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

NanoVibronix, Inc. (NASDAQ:NAOVGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.47 and traded as low as $0.33. NanoVibronix shares last traded at $0.35, with a volume of 138,818 shares changing hands.

NanoVibronix Price Performance

The stock has a market capitalization of $3.12 million, a PE ratio of -0.29 and a beta of 1.63. The company’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.56.

About NanoVibronix

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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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