Medical technology company STRATA Skin Sciences Inc (NASDAQ:SSKN) was in the news yesterday after it made a key announcement but it did not lead much of a move in the stock, which traded in a range.
Trading Data
On Monday, SSKN stock ended down by 1.41% to $1.40 with more than 119k shares, compared to its average volume of 34k shares. The stock has moved within a range of $1.3800 – 1.4500 after opening trade at $1.41.
STRATA Skin Sciences to Present at the H.C. Wainwright Bioconnect Virtual Conference
However, it may be a good idea to take a look into the announcement and then make one’s mind up about the stock. The company announced yesterday that the people who are part of its management team are going to be participants at the H.C. Wainwright Bioconnect Virtual Conference. Events of such nature are important for companies and hence, the participation of the personnel from the STRATA Skin Sciences management team is an important development.
In this regard, it is also important to point out that those who wish to take a look at the presentation from the company could do well to wait for the release of a pre-recorded video on January 10, 2022. However, at the same time, the company is also going to provide a webcast of the event on its website on the day the event is going to be held. The webcast will be made available on the STRATA Skin Sciences website.
Technical Data
SSKN stock is trading below the 20-Day and 50-Day Moving averages of $1.46 and $1.63 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.60. The stock is down 5% in the past month.
