Shandong Weigao Medical Polymer (SHWGF) Projected to Release Earnings on Tuesday

Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) is anticipated to announce its results after the market closes on Tuesday, August 25th. Analysts expect Shandong Weigao Medical Polymer to announce earnings of $0.0250 per share and revenue of $1.0046 billion for the quarter.

Shandong Weigao Medical Polymer Stock Performance

Shares of OTCMKTS SHWGF opened at $0.43 on Monday. Shandong Weigao Medical Polymer has a 52 week low of $0.42 and a 52 week high of $0.73. The stock’s fifty day moving average is $0.43 and its 200 day moving average is $0.52.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of Shandong Weigao Medical Polymer to a “neutral” rating in a research report on Sunday, April 26th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Shandong Weigao Medical Polymer currently has an average rating of “Hold”.

About Shandong Weigao Medical Polymer

Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.