Edap Tms S.A. (NASDAQ:EDAP) Stock Holdings Trimmed by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC lowered its position in shares of Edap Tms S.A. (NASDAQ:EDAP) by 27.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,500 shares of the medical equipment provider’s stock after selling 5,000 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Edap Tms were worth $30,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of EDAP. Parkman Healthcare Partners LLC bought a new stake in shares of Edap Tms in the 3rd quarter valued at approximately $395,000. Commonwealth Equity Services LLC boosted its holdings in Edap Tms by 5.9% in the second quarter. Commonwealth Equity Services LLC now owns 71,260 shares of the medical equipment provider’s stock worth $388,000 after purchasing an additional 4,000 shares during the period. Orion Capital Management LLC boosted its holdings in Edap Tms by 10.4% in the third quarter. Orion Capital Management LLC now owns 69,800 shares of the medical equipment provider’s stock worth $178,000 after purchasing an additional 6,600 shares during the period. BNP Paribas Financial Markets increased its stake in Edap Tms by 23.7% during the third quarter. BNP Paribas Financial Markets now owns 23,000 shares of the medical equipment provider’s stock valued at $59,000 after purchasing an additional 4,400 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new stake in shares of Edap Tms during the third quarter worth $36,000. Institutional investors own 62.74% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Edap Tms from a “sell” rating to a “hold” rating in a report on Thursday, December 5th.

Edap Tms Stock Down 1.4 %

NASDAQ:EDAP opened at $2.17 on Friday. The company has a current ratio of 2.18, a quick ratio of 1.46 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average of $2.31 and a 200-day moving average of $3.19. The firm has a market capitalization of $80.51 million, a PE ratio of -3.34 and a beta of 0.36. Edap Tms S.A. has a 52 week low of $2.00 and a 52 week high of $8.50.

Edap Tms Company Profile

EDAP TMS SA is a holding company, which, through its subsidiary, engages in the development, production, and marketing of minimally invasive medical devices for urological diseases. It operates through the High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) segments. The HIFU segment develops, manufactures, and markets devices for the minimally invasive ablation of certain types of localized tumors using HIFU technology.