BIOLASE (NASDAQ:BIOL) Shares Pass Below 200 Day Moving Average – What’s Next?

BIOLASE, Inc. (NASDAQ:BIOLGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.04 and traded as low as $0.01. BIOLASE shares last traded at $0.01, with a volume of 134,152 shares.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. StockNews.com began coverage on BIOLASE in a research report on Tuesday. They issued a “sell” rating for the company. Benchmark reissued a “speculative buy” rating and issued a $0.40 price objective on shares of BIOLASE in a report on Wednesday, October 2nd.

Get Our Latest Stock Report on BIOLASE

BIOLASE Price Performance

The company has a market capitalization of $302,333.35, a price-to-earnings ratio of 0.00 and a beta of 0.67. The business’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.04.

BIOLASE Company Profile

(Get Free Report)

BIOLASE, Inc, together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. Its dental laser systems allow dentists, periodontists, endodontists, pediatric dentists, oral surgeons, and other dental specialists to perform a range of minimally invasive dental procedures, including cosmetic, restorative, and complex surgical applications.

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