ENDRA Life Sciences (NASDAQ:NDRA) Shares Up 2.6% – Should You Buy?

ENDRA Life Sciences Inc. (NASDAQ:NDRAGet Free Report) shares rose 2.6% during trading on Friday . The stock traded as high as $6.30 and last traded at $5.51. Approximately 52,836 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 96,746 shares. The stock had previously closed at $5.37.

ENDRA Life Sciences Stock Performance

The stock has a market cap of $2.96 million, a price-to-earnings ratio of -0.01 and a beta of 0.67. The stock’s 50-day simple moving average is $6.65 and its two-hundred day simple moving average is $2,914.54.

About ENDRA Life Sciences

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ENDRA Life Sciences Inc develops technologies to improve the capabilities of clinical diagnostic ultrasound. The company is developing thermo-acoustic enhanced ultrasound technology that uses radio frequency pulses to generate ultrasonic waves in tissue to create high-contrast images for use in the treatment of nonalcoholic fatty liver disease, as well as in tissue composition, temperature monitoring, vascular imaging, and tissue perfusion.

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