Titan Medical (TSE:TMD) Stock Price Down 3.6%

Titan Medical Inc. (TSE:TMDGet Rating)’s stock price traded down 3.6% during trading on Thursday . The company traded as low as C$0.52 and last traded at C$0.53. 1,502 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 21,437 shares. The stock had previously closed at C$0.55.

Titan Medical Stock Down 3.6 %

The stock’s fifty day moving average price is C$0.60 and its 200 day moving average price is C$0.64. The stock has a market cap of C$59.30 million and a P/E ratio of -4.82. The company has a current ratio of 1.41, a quick ratio of 1.18 and a debt-to-equity ratio of 21.28.

Titan Medical (TSE:TMDGet Rating) last issued its quarterly earnings results on Thursday, November 10th. The company reported C($0.12) EPS for the quarter. As a group, research analysts forecast that Titan Medical Inc. will post -1.98 earnings per share for the current fiscal year.

Titan Medical Company Profile

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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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