Fuse Medical (OTCMKTS:FZMD) Shares Down 28.8%

Fuse Medical, Inc. (OTCMKTS:FZMDGet Rating)’s stock price was down 28.8% during mid-day trading on Monday . The stock traded as low as $0.17 and last traded at $0.17. Approximately 77,088 shares traded hands during trading, an increase of 490% from the average daily volume of 13,073 shares. The stock had previously closed at $0.23.

The firm’s 50 day simple moving average is $0.27 and its 200-day simple moving average is $0.36. The company has a market capitalization of $12.10 million, a price-to-earnings ratio of -8.30 and a beta of 0.86.

Fuse Medical Company Profile (OTCMKTS:FZMD)

Fuse Medical, Inc manufactures and distributes medical device implants in the United States. The company offers orthopedic implants, including internal and external fixation products for foot and ankle; upper and lower extremity plating and total joint reconstruction implants; soft tissue fixation and augmentation for sports medicine procedures; full spinal implants for trauma, degenerative disc disease, and deformity indications; and various osteo-biologics, and regenerative and amniotic tissues, which comprise human allografts, synthetic skin and substitute bone materials, tendons, and regenerative tissues and fluids.

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