Trimedyne (OTCMKTS:TMED) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Trimedyne, Inc. (OTCMKTS:TMEDGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.25 and traded as low as $4.25. Trimedyne shares last traded at $4.25, with a volume of 100 shares changing hands.

Trimedyne Trading Down 0.2 %

The business’s fifty day simple moving average is $4.25 and its 200 day simple moving average is $4.25.

About Trimedyne

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Trimedyne, Inc manufactures and sells lasers, and disposable and reusable fiber-optic laser devices for use in the medical field. It offers lasers, fibers, needles, and switch tips for use in orthopedics, urology, ear and nose surgery, throat surgery, gynecology, gastrointestinal surgery, general surgery, and other medical specialties.

Further Reading

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