Shares of Second Sight Medical Products Inc. (NASDAQ:EYES) traded today at $26.30, eclipsing its 52-week high. This new high was reached on above average trading volume as 321.8 million shares traded hands, while the average 30-day volume is approximately 219,000 shares.
In the past 52 weeks, shares of Second Sight Medical Products Inc. have traded between the current low of $0.65 and a high of $10.38 and is now at $1.38.
Second Sight Medical Products Inc develops, manufactures, and markets implantable prosthetic devices to create an artificial form of useful vision for blind individuals. The company’s product Argus II System treats outer retinal degenerations, such as Retinitis Pigmentosa, often referred to as RP. The company generates revenue from the sale of its Argus II retinal prosthesis systems, which include the implant and external components. Geographically, the company operates in the United States, Italy, China, and of which key revenue is derived from the United States.
There is potential upside of 185.2% for shares of Second Sight Medical Products Inc. based on a current price of $1.38 and an average consensus analyst price target of $3.94.
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