Shares of Medigus Ltd. (NASDAQ:MDGS – Get Free Report) fell 4.2% on Friday . The stock traded as low as $2.49 and last traded at $2.51. 13,966 shares traded hands during trading, an increase of 69% from the average session volume of 8,287 shares. The stock had previously closed at $2.62.
Medigus Trading Down 4.2 %
The firm’s 50-day moving average price is $2.85 and its two-hundred day moving average price is $3.17.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Medigus stock. Virtu Financial LLC bought a new stake in Medigus Ltd. (NASDAQ:MDGS – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 61,809 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned about 0.39% of Medigus at the end of the most recent reporting period. 0.26% of the stock is owned by hedge funds and other institutional investors.
Medigus Company Profile
Medigus Ltd., a technology-based company, provides medical-related devices and products in the United States, Europe, Asia, Israel, and internationally. The company operates through Corporate, E-commerce, Online Advertising & Internet Traffic Routing, Online Event Management, and Others segments.
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