NuVasive Inc. (NUVA) experienced unusually high volume on Feb. 15, as the stock lost 6.46% to a closing price of $39.12. The stock saw 3.14 million shares trade hands over the course of the day on 23,382 trades. Given that the stock’s average daily volume over the last month has been 796,460 shares a day, this represents a pretty substantial spike over the norm.
NuVasive Inc. has a P/B ratio of 2.81. It also has a P/E ratio of 34.9. The stock has traded between $56.61 and $36.81 over the last 52-weeks, its 50-day SMA is now $49.17, and its 200-day SMA $50.03.
NuVasive Inc is a medical device company. The Company develops minimally-disruptive surgical products and procedurally-integrated solutions for the spine. Its currently-marketed product portfolio is focused on applications for spine fusion surgery.
Headquartered in San Diego, CA, NuVasive Inc. has 1,500 employees and is currently under the leadership of CEO Gregory T. Lucier.
For a complete fundamental analysis analysis of NuVasive Inc., check out Equities.com’s Stock Valuation Analysis report for NUVA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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