Medaphor Group PLC Stock Price Hits 52-Week Low Today

 Medaphor Group PLC Stock Price Hits 52 Week Low Today

The stock of Medaphor Group PLC (LON:MED) hit a new 52-week low and has GBX 25.20 target or 10.00% below today’s GBX 28.00 share price. The 7 months bearish chart indicates high risk for the GBX 9.25M company. The 1-year low was reported on Nov, 3 by Barchart.com. If the GBX 25.20 price target is reached, the company will be worth GBX 925,000 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 3.45% or GBX 1 on November 3, hitting GBX 28. Medaphor Group PLC (LON:MED) has declined 42.00% since April 5, 2016 and is downtrending. It has underperformed by 43.21% the S&P500.

MedaPhor Group plc is a holding company engaged in the development, marketing and distribution of ultrasound simulation devices for use in the training of medical professionals. The company has a market cap of 9.25 million GBP. The Firm offers over two ultrasound training simulators. It currently has negative earnings. The systems incorporate a curriculum learning program and performance assessment software, which enable trainees to learn the ultrasound scanning skills.

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