Sanara MedTech (NASDAQ:SMTI) Shares Down 1.8%

Sanara MedTech Inc. (NASDAQ:SMTI)’s share price fell 1.8% during trading on Thursday . The stock traded as low as $49.60 and last traded at $49.90. 6,560 shares traded hands during trading, an increase of 22% from the average session volume of 5,365 shares. The stock had previously closed at $50.80.

The firm has a fifty day moving average of $41.12 and a 200 day moving average of $29.16.

Sanara MedTech (NASDAQ:SMTI) last posted its quarterly earnings data on Friday, November 13th. The company reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $4.31 million during the quarter.

About Sanara MedTech (NASDAQ:SMTI)

Sanara MedTech Inc develops, markets, and distributes wound and skin care products to physicians, hospitals, clinics, and post-acute care settings in the United States. The company offers CellerateRX Surgical Activated Collagen Adjuvant powder that helps in the natural wound healing process; Biako¯s Antimicrobial Skin & Wound Cleanser, a patented wound cleansing spray that disrupts extracellular polymeric substances to eradicate biofilm; and Biako¯s Antimicrobial Skin & Wound Irrigation Solution that works to irrigate and remove microbes from the wound bed to help eliminate planktonic, immature, and mature biofilms.

Further Reading: Beige Book

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