Watch for Continued Losses in Shares of G Medical Innovations Holdings Ltd. (GMVD)

July 23, 2021 10:39:12

G Medical Innovations Holdings Ltd. (NASDAQ:GMVD) traded at a new 52-week low today of $3.01. So far today approximately 360,000 shares have been exchanged, as compared to an average 30-day volume of 789,000 shares.

G Medical Innovations Holdings Ltd is a mobile health (mHealth) and e-health company. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products and Patient Services. The company generates maximum revenue from the Patient Services segment.

In the past 52 weeks, G Medical Innovations Holdings Ltd. share prices are bracketed by a current low of $3.01 and a high of $4.63 and is now at $3.27.

There is potential upside of 48.5% for shares of G Medical Innovations Holdings Ltd. based on a current price of $3.27 and an average consensus analyst price target of $4.86.

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