Wright Medical Group Inc. (WMGI) is Trading Lower on Unusual Volume for February 09

Equities Staff |

Wright Medical Group Inc. (WMGI) experienced unusually high volume on Feb. 09, as the stock lost 4.81% to a closing price of $16.03. The stock saw 2.23 million shares trade hands over the course of the day on 8,071 trades. Given that the stock’s average daily volume over the last month has been 819,550 shares a day, this represents a pretty substantial spike over the norm.

Wright Medical Group Inc. has a P/B ratio of 3.75. The stock has traded between $28.07 and $16.01 over the last 52-weeks, its 50-day SMA is now $21.85, and its 200-day SMA $23.75.

Wright Medical Group NV a medical device company, designs, manufactures, markets, and sells orthopaedic products in the United States, France, and internationally. It offers joint implants & bone fixation devices for the shoulder, elbow, foot, and ankle.

Headquartered in Amsterdam, , Wright Medical Group Inc. has 1,121 employees and is currently under the leadership of CEO Robert J. Palmisano.

For a complete fundamental analysis analysis of Wright Medical Group Inc., check out Equities.com’s Stock Valuation Analysis report for WMGI. 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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