PhotoMedex Inc. (PHMD) is Trading Lower on Unusual Volume for January 12

Equities Staff |

PhotoMedex Inc. (PHMD) experienced unusually high volume on Jan. 12, as the stock lost 7.45% to a closing price of $0.37. The stock saw 355,363 shares trade hands over the course of the day on 134 trades. Given that the stock’s average daily volume over the last month has been 133,356 shares a day, this represents a pretty substantial spike over the norm.

PhotoMedex Inc. has a P/B ratio of 0.21. The stock has traded between $2.95 and $0.27 over the last 52-weeks, its 50-day SMA is now $0.41, and its 200-day SMA $1.05.

PhotoMedex Inc is a skin health company providing integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers, and provides proprietary products and services that address skin diseases.

Headquartered in Horsham, PA, PhotoMedex Inc. has 179 employees and is currently under the leadership of CEO Dolev Rafaeli.

For a complete fundamental analysis analysis of PhotoMedex Inc., check out Equities.com’s Stock Valuation Analysis report for PHMD. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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