Titan Medical (TMDI) to Release Quarterly Earnings on Thursday

Titan Medical (NASDAQ:TMDIGet Rating) will be announcing its earnings results before the market opens on Thursday, August 11th.

Titan Medical (NASDAQ:TMDIGet Rating) last posted its quarterly earnings results on Thursday, May 12th. The company reported ($0.10) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.10). On average, analysts expect Titan Medical to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Titan Medical Price Performance

Titan Medical stock opened at $0.54 on Thursday. Titan Medical has a 1-year low of $0.38 and a 1-year high of $1.78. The stock has a market cap of $60.15 million, a PE ratio of -6.01 and a beta of 2.52. The stock’s fifty day moving average is $0.52 and its two-hundred day moving average is $0.53.

Institutional Trading of Titan Medical

A hedge fund recently raised its stake in Titan Medical stock. JPMorgan Chase & Co. raised its holdings in Titan Medical Inc. (NASDAQ:TMDIGet Rating) by 70.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,600 shares of the company’s stock after buying an additional 52,500 shares during the period. JPMorgan Chase & Co. owned about 0.11% of Titan Medical worth $67,000 as of its most recent SEC filing. 3.69% of the stock is owned by institutional investors.

About Titan Medical

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Titan Medical Inc, a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during surgical procedures.

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Earnings History for Titan Medical (NASDAQ:TMDI)

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