Titan Medical Inc (NASDAQ:TMDI) is seeing selling pressure in pre-market trading after the news.
Market Action
As of 9.14, TMDI stock is trading lower by 5.29% at $1.61.
TMDI Issues News
Titan Medical Reports First Quarter 2021 Financial Results and Provides Board Update
- Titan had cash and cash equivalents of $53.4 million, compared to $25.5 million at December 31, 2020.
- Since December 31, 2020, the company has received $10 million from the exercise of warrants and aggregate gross proceeds of $34.5 million from two financings that closed during the first quarter 2021.
- Net and comprehensive loss for the three months ended March 31, 2021 was $14.8 million, compared with a net and comprehensive loss of $0.8 million, for the three months ended March 31, 2020.
- In the first quarter of 2020, R&D expenses were $0.05 million as the company had temporarily suspended its R&D activities.
Trader Notes
Share Information
| SHARES OUTSTANDING | 109.53 M |
| SHARE FLOAT (%) | 109.38 M (99.86%) |
| % HELD BY INSTITUTIONS | 3.96 |
Recent Stock Performance
| 5-DAY PERF. | -1.73% |
| 1-MONTH PERF. | +0.00% |
| 3-MONTH PERF. | -44.08% |
| 6-MONTH PERF. | +150.00% |
| YTD PERF. | -0.58% |
| 1-YEAR PERF. | +526.15% |
Moving Averages
| +/- EMA(20) | 1.67 (+1.80%) |
| +/- SMA(50) | 1.75 (-2.86%) |
| +/- SMA(200) | 1.43 (+18.88%) |
| Pivot Points | |||||||
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 1.4373 | 1.4919 | 1.5959 | 1.6505 | 1.7545 | 1.8091 | 1.9131 |
| Fibonacci | 1.4919 | 1.5525 | 1.5899 | 1.6505 | 1.7111 | 1.7485 | 1.8091 |
| Camarilla | 1.6564 | 1.6709 | 1.6855 | 1.6505 | 1.7145 | 1.7291 | 1.7436 |
| Woodie | 1.3287 | 1.4375 | 1.4873 | 1.5961 | 1.6459 | 1.7548 | 1.8045 |
| DeMark | – | – | 1.6232 | 1.6505 | 1.7818 | – | – |
| Technical Indicators | |||||
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 36.8332 | Sell | ATR14 | 0.1560 | |
| CCI20 | 31.2687 | Neutral | Chaikin Money Flow | 0.1964 | Buy |
| MACD | -0.0786 | Sell | Money Flow Index | 38.7660 | Sell |
| ROC | 0.5917 | Buy | RSI | 49.2959 | Buy |
| STOCH (14,3) | 57.1429 | Neutral | STOCH RSI | 0.8345 | OverBought |
| UO | 56.5910 | Sell | Williams %R | -42.8571 | Neutral |
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