StockNews.com Initiates Coverage on InspireMD (NYSE:NSPR)

Research analysts at StockNews.com started coverage on shares of InspireMD (NYSE:NSPRGet Rating) in a research note issued on Tuesday. The firm set a “sell” rating on the stock.

InspireMD Stock Performance

Shares of NYSE NSPR opened at $1.84 on Tuesday. The stock has a market cap of $15.32 million, a price-to-earnings ratio of -0.79 and a beta of 0.88. The business has a 50 day simple moving average of $1.18 and a 200 day simple moving average of $1.14. InspireMD has a 52 week low of $0.81 and a 52 week high of $2.42.

InspireMD (NYSE:NSPRGet Rating) last announced its quarterly earnings results on Thursday, March 30th. The company reported ($0.60) EPS for the quarter. The firm had revenue of $1.03 million during the quarter. InspireMD had a negative net margin of 357.59% and a negative return on equity of 78.10%.

InspireMD Company Profile

(Get Rating)

InspireMD, Inc is medical device company, which engages in the development and commercialization of its proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease. Its products are marketed for use mainly in patients with acute coronary syndromes, notably acute myocardial infarction and saphenous vein graft coronary interventions.

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