Live Stock Coverage: Skyline Medical Inc Just Recorded A Sigfniciant Increase

Live Stock Coverage: Skyline Medical Inc Just Recorded A Sigfniciant Increase

The stock of Skyline Medical Inc (NASDAQ:SKLN) is a huge mover today! The stock decreased 20.34% or $0.6 on October 28, hitting $2.33. About 250,189 shares traded hands or 10.21% up from the average. Skyline Medical Inc (NASDAQ:SKLN) has declined 97.40% since March 28, 2016 and is downtrending. It has underperformed by 102.11% the S&P500.
The move comes after 7 months positive chart setup for the $212.39M company. It was reported on Oct, 28 by Barchart.com. We have $6.24 PT which if reached, will make NASDAQ:SKLN worth $356.82M more.

Analysts await Skyline Medical Inc (NASDAQ:SKLN) to report earnings on November, 21.

According to Zacks Investment Research, “Skyline Medical Inc. is a medical device company. It produces an automated surgical fluid disposal system. The Company has a fully automated surgical fluid disposal device – the Streamway System. Its Streamway System fully automates the collection, measurement and disposal of surgical fluids. Skyline Medical, Inc. is based in Eagan, Minnesota.”

More recent Skyline Medical Inc (NASDAQ:SKLN) news were published by: Globenewswire.com which released: “Skyline Medical Effects 1-For-25 Reverse Stock Split” on October 27, 2016. Also Streetinsider.com published the news titled: “Skyline Medical (SKLN) Receives Nasdaq Listing Notification; Plans to Request …” on October 12, 2016. Prnewswire.com‘s news article titled: “Research Reports on Healthcare Equities — Valeant Pharma, Skyline Medical …” with publication date: October 24, 2016 was also an interesting one.

SKLN Company Profile

Skyline Medical Inc., incorporated on April 23, 2002, is a medical device firm that develops and makes The STREAMWAY System, a solution for the collection and disposal of infectious fluids that result from surgical procedures and post-operative care. The Firm distributes these products to hospitals, surgical centers and other medical facilities where bodily and irrigation fluids produced during surgical procedures must be contained, measured, documented and disposed. The Firm also makes and sells two disposable products required for system operation: a bifurcated single procedure filter and tissue trap, and a single use bottle of cleaning solution. Both items are used on a single procedure basis.

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