Today’s Stock On Watch: Is Buying Stock Like Skyline Medical Inc After Such Increase Winning Strategy?

Today's Stock On Watch: Is Buying Stock Like Skyline Medical Inc After Such Increase Winning Strategy?

The stock of Skyline Medical Inc (NASDAQ:SKLN) is a huge mover today! About 804,415 shares traded hands or 28.58% up from the average. Skyline Medical Inc (NASDAQ:SKLN) has declined 32.32% since April 5, 2016 and is downtrending. It has underperformed by 34.28% the S&P500.
The move comes after 7 months positive chart setup for the $10.17 million company. It was reported on Nov, 8 by Barchart.com. We have $8.63 PT which if reached, will make NASDAQ:SKLN worth $17.19M 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 important recent Skyline Medical Inc (NASDAQ:SKLN) news were published by: Nasdaq.com which released: “Skyline Medical to Hold Third Quarter Financial Results Conference Call on …” on November 08, 2016, also Globenewswire.com published article titled: “Two Skyline Medical Directors along with GLG Pharma’s Chief Operating Officer …”, Streetinsider.com published: “Skyline Medical (SKLN) Receives Nasdaq Listing Notification; Plans to Request …” on October 12, 2016. More interesting news about Skyline Medical Inc (NASDAQ:SKLN) was released by: Seekingalpha.com and their article: “Skyline Medical up 38% on UK distribution deal” with publication date: November 01, 2016.

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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