Here are the recap for the top 3 major movers in the small-cap Medical Devices sector on Wednesday. keep an eye on the following stocks this week.
Cutera, Inc. (NASDAQ:CUTR) was one of the major gainers as the stock closed higher by $3.36 or 8.22% to close at $44.22 and made a new 52-week high of $44.39. Total volume was 744K shares, compared to its 30-day average volume of 284K shares. The stock moved within a range of $41.35 – 44.39 after opening at $41.89. Over the past year, the stock has moved up 209%. The stock is trading near to the oversold zone as RSI stands above 81.
PAVmed Inc. (NASDAQ:PAVM) continued to move higher for the fifth consecutive session and closed higher by 4.14% to $5.54 on the volume of 2.78 million shares, compared to its daily average volume of 3.60 million shares. In Wednesday’s trading session, the stock made a high and low of $5.62 and $5.26 respectively. Over the past year, the stock has moved up 149%. The stock is trading near to the neutral zone as RSI stands above 69.
Yesterday, the company announced the launch of a new subsidiary, digital health company Veris Health Inc. (“Veris”), which acquired Oncodisc Inc. (“Oncodisc”), a digital health company with groundbreaking tools to improve personalized cancer care through remote patient monitoring.
Nemaura Medical Inc (NASDAQ:NMRD) continued to move lower and extended weekly fall. On Wednesday, stock has fell by $2.02 or 12.10% to end the session at $14.68. After opening at $16.70, the stock has moved within a wide range of $14.18 – 16.72. Over the past 52-week, the stock moved within a range of $3.12 – 17.40. The stock has soared 95% in the past year. The stock is trading 15% below its 52-week high and 370% higher from its 52-week low.
