Nemaura Medical (OTCMKTS:NMRD) Shares Down 19%

Nemaura Medical Inc (OTCMKTS:NMRD) dropped 19% on Tuesday . The stock traded as low as $0.70 and last traded at $0.81, approximately 659,640 shares traded hands during trading. An increase of 573% from the average daily volume of 97,948 shares. The stock had previously closed at $1.00.

The firm’s 50-day moving average is $0.92.

About Nemaura Medical (OTCMKTS:NMRD)

Nemaura Medical, Inc is a holding company. The Company owns a diagnostic medical device company specializing in discovering, developing and commercializing specialty medical devices. The Company’s focus is on the development of a continuous glucose monitoring (CGM) device, which consists of a disposable patch containing a sensor, and a non-disposable miniature electronic watch with a re-chargeable power source.

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