Shares of MYOS RENS Technology Inc. (NASDAQ:MYOS) opened at $1.34, and ended 4.55% higher at $1.38. Nearly 0.26 million shares were traded by the close, lower than its average daily volume of 0.42 million shares.
The company recently released its financial results for the three months ended September 30, 2017. The financial highlights included Gross profit margin was 59% for the third quarter of 2017; Net revenues increased 312% to $160, compared to $39 for the third quarter of 2016; Gross profit increased 955% to $95, compared to $9 for the third quarter of 2016; Operating expenses decreased 1% to $852, compared to $864 for the third quarter of 2016; and Net loss decreased 13% to $753, compared to $866 for the third quarter of 2016.
This stock (MYOS) is ahead of its 52-week low with 35.29%. Its last month’s stock price volatility remained 14.44% which for the week stands at 13.95%. The share price has moved forward from its 20 days moving average, trading at a distance of 7.75% and stays 1.31% away from its 50 days moving average. Over the last five days, shares have managed 3.76% gains and now is down -32.36% since hitting its 200-day moving average of $1.66. MYOS RENS Technology Inc. (MYOS) has made its way to a 12-month decline of -13.21%.
Turning to China Information Technology, Inc. (NASDAQ:CNIT), its shares were trading at $1.54 a retreat of $-0.07, on the trading floor. The stock, after opening at $1.6, touched a high of $1.62 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. China Information Technology, Inc. tumbled -17.65% from its high of $1.87 to a $62.74 million market value through last close.China Information Technology, Inc. (NASDAQ:CNIT) Intraday Trading
The counter witnessed a trading volume of 0.59 million shares versus an average volume of 0.26 million shares during last trading session. Its last month’s stock price volatility remained 9.17% which for the week approaches 7.78%. The lowest price the stock reached in the last trading day was $1.501 and compares with the $0.57 52-week low. The stock recovered 169.66% since its low point and has performed 113.5% year-to-date.