Merit Medical Systems Inc. (MMSI) is Trading Higher on Unusual Volume for December 21

Equities Staff  |

Merit Medical Systems Inc. (MMSI) experienced unusually high volume on Dec. 21, as the stock gained 1.94% to a closing price of $18.93. The stock saw 1.4 million shares trade hands over the course of the day on 2,953 trades. Given that the stock’s average daily volume over the last month has been 364,919 shares a day, this represents a pretty substantial spike over the norm.

Merit Medical Systems Inc. has a P/B ratio of 1.83. It also has a P/E ratio of 31.6. The stock has traded between $26.42 and $15.20 over the last 52-weeks, its 50-day SMA is now $19.79, and its 200-day SMA $21.25.

Merit Medical Systems Inc designs, develops, manufactures and sells medical devices used in interventional and diagnostic procedures. Its products are used in thoracic surgery, interventional nephrology, vascular surgery, and oncology and pain management.

Headquartered in South Jordan, UT, Merit Medical Systems Inc. has 3,105 employees and is currently under the leadership of CEO Fred P. Lampropoulos.

For a complete fundamental analysis analysis of Merit Medical Systems Inc., check out’s Stock Valuation Analysis report for MMSI. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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