Avinger Inc. (AVGR) Soars 4.42% on August 12

Equities Staff  |

Avinger Inc. (AVGR) had a good day on the market for Wednesday August 12 as shares jumped 4.42% to close at $0.56. About 10.18 million shares traded hands on 10,068 trades for the day, compared with an average daily volume of n/a shares out of a total float of 70.13 million. After opening the trading day at $0.53, shares of Avinger Inc. stayed within a range of $0.58 to $0.50.

With today's gains, Avinger Inc. now has a market cap of $38.94 million. Shares of Avinger Inc. have been trading within a range of $1.78 and $0.25 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, the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO) and Pantheris, image-guided atherectomy device which is designed to allow physicians to precisely remove arterial plaque in PAD patients. It manufactures and sells 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 81 employees. Its CEO is Jeffrey M. Soinski.

For a complete fundamental analysis of Avinger Inc., check out Equities.com’s Stock Valuation Analysis report for AVGR.

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Avinger Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Avinger Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AVGR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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