NanoVibronix stock triples in very active trading after upbeat report on UTI treatment

1 year ago 149

Shares of NanoVibronix Inc. NAOV, +245.47% much than tripled successful precise volatile and progressive day trading Friday, aft the institution pointed retired an upbeat study regarding its attraction for urinary tract infections. The banal was up 204% earlier the latest volatility trading halt, arsenic measurement of 58.8 cardinal shares compared with the full-day mean of astir 204,000 shares. The banal has truthful acold been halted 13 times for volatility, each aft 1:20 p.m. Eastern. The institution said "The Journal of Medical & Surgical Urology" is publishing an nonfiction with "overwhelmingly positive" findings from a survey of patients that utilized its UroShield merchandise successful existent satellite settings. "As we would expect, the diligent experiences successful the survey were statistically significant, with each responding patients reporting that our instrumentality was simple, casual to usage and materially benefitted them," said NanoVibronix Chief Executive Brian Murphy. The institution said the peer-reviewed work has been submitted to the National Institute for Clinical Excellence. The banal has gained 44.3% implicit the past 12 months, portion the S&P 500 SPX, +1.01% has precocious 36.3%.

Read Entire Article