Iradimed Corp (NASDAQ:IRMD) has been downgraded to Neutral in a statement by Roth Capital earlier today.
- Updated: October 9, 2016
Boasting a price of $10.77, Iradimed Corp (NASDAQ:IRMD) traded -1.81% lower on the day. With the last close down -42.88% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Iradimed Corp has recorded a 50-day average of $16.91 and a two hundred day average of $18.07. Volume of trade was up over the average, with 96,909 shares of IRMD changing hands over the typical 83,154
Roth Capital has downgraded Iradimed Corp (NASDAQ:IRMD) to Neutral in a statement released on 10/05/2016.
On Monday April 04, 2016, Roth Capital released a statement on Iradimed Corp (NASDAQ:IRMD) bumped down the target price from $30.00 to $25.00 that suggested an upside of 0.29%.
With a total market value of $0, Iradimed Corp has price-earnings ratio of 14.83 with a one year low of $9.76 and a one year high of $33.25 .
A total of 1 analyst has released a research note on IRMD. zero analysts rating the company a strong buy, one analyst rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $30.00.
More About Iradimed Corp (NASDAQ:IRMD)
IRADIMED CORPORATION (IRADIMED) develops, manufactures, markets and distributes Magnetic Resonance Imaging (MRI) compatible products, and provides non-magnetic intravenous (IV) infusion pump systems. The Company operates through development, manufacture and sale of MRI compatible products and IV infusion pump systems for use by hospitals and acute care facilities during MRI procedures segment. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor, non-ferrous part and other features in order to deliver anesthesia and other IV fluids during various MRI procedures. MRI compatible IV infusion pump system includes the 3860+ MRI compatible IV infusion pump, single-use IV tubing sets, a non-magnetic pole and a lithium battery. In addition, it offers optional upgrade systems, including the 3865 Remote Display/Control, 3861 Side Car, Dose Error Reduction System (DERS) and SpO2 monitor.
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