NeurAxis (NASDAQ:NRXS) Trading Down 5.3% – Here’s Why

NeurAxis, Inc. (NASDAQ:NRXSGet Free Report) shares were down 5.3% on Friday . The company traded as low as $2.50 and last traded at $2.50. Approximately 27,404 shares were traded during trading, an increase of 138% from the average daily volume of 11,518 shares. The stock had previously closed at $2.64.

NeurAxis Trading Down 6.1 %

The business has a 50 day simple moving average of $2.88 and a two-hundred day simple moving average of $2.96. The stock has a market cap of $17.31 million, a price-to-earnings ratio of -1.35 and a beta of 4.15.

NeurAxis Company Profile

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NeurAxis, Inc, a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome.

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