Advanced wound care product provider SANUWAVE Health Inc (OTCMKTS:SNWV) had not had a great time in the markets over the course of the past few days and the trend remained the same on Monday as the stock went down by 6%.
Trading Data
On Monday, SNWV stock surged 5.88% to $0.18 with more than 508K shares, compared to its average volume of 327K shares. The stock moved within a range of $0.1700 – 0.1800 after opening trade at $0.17.
SANUWAVE Health to Host Conference Call and Provide Business Update
That took the cumulative losses suffered by the stock to as much as 20% in the past week. Yesterday, the company actually came into focus after it announced that it was going to have a conference call on March 2, 2022 at 9 in the morning Eastern Time.
At the conference call, the company is aiming to discuss its latest business activities and was also going to provide updates with regards to its strategic initiatives as well as some of the latest filings with the United States Securities and Exchange Commission.
The conference call is going to be an important one for the company and it is going to be interesting to see if the SANUWAVE stock does get any traction as the time for the call approaches. This morning investors could do well to keep an eye on the SANUWAVE stock and watch for the price action in the morning.
Technical Data
SNWV stock is trading above the 20-Day and 50-Day Moving averages of $0.16 and $0.15 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.14.
