Shares of Know Labs, Inc. (NYSEAMERICAN:KNW – Get Free Report) were up 3.8% during trading on Thursday. The company traded as high as $2.17 and last traded at $2.1390. 612,050 shares changed hands during trading, a decline of 86% from the average daily volume of 4,376,964 shares. The stock had previously closed at $2.06.
Know Labs Stock Up 3.8%
The stock has a market capitalization of $16.04 million, a price-to-earnings ratio of -0.33 and a beta of 1.83. The company’s fifty day simple moving average is $2.14 and its 200 day simple moving average is $2.14.
About Know Labs
Know Labs, Inc is a Seattle-based biotechnology and medical technology company developing noninvasive diagnostic technologies. Its primary focus is applying proprietary spectroscopy technology to identify and measure molecular signatures in substances, with an emphasis on monitoring blood glucose without the need for fingersticks or disposable sensors.
The company’s technology is designed to use electromagnetic energy and machine-learning techniques to analyze biological materials. Know Labs has developed prototype platforms, including the KnowU wearable and the UBand, intended to support continuous, noninvasive glucose monitoring.
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