Avinger Inc. (AVGR) Soars 6.95% on February 25

Avinger Inc. (AVGR) Soars 6.95% on February 25

Avinger Inc. (AVGR) had a good day on the market for Monday February 25 as shares jumped 6.95% to close at $0.46. About 3.14 million shares traded hands on 3,167 trades for the day, compared with an average daily volume of n/a shares out of a total float of 23.46 million. After opening the trading day at $0.45, shares of Avinger Inc. stayed within a range of $0.47 to $0.43.

With today’s gains, Avinger Inc. now has a market cap of $10.83 million. Shares of Avinger Inc. have been trading within a range of $2.44 and $0.18 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Avinger Inc is a United States-based medical device company. It is engaged in designing, manufacturing and selling image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). The products offered by the firm include Lightbox imaging console, Wildcat, Kittycat, and the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, and Pantheris, an image-guided atherectomy device, designed to allow physicians to remove arterial plaque in PAD patients. The company manufactures and sells the products in the United States and internationally of which it generates the majority of the revenue from the sales made in the United States.

Avinger Inc. is based out of Redwood City, CA and has some 65 employees. Its CEO is Jeffrey M. Soinski.

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