Edap Tms (EDAP) to Release Quarterly Earnings on Thursday

Edap Tms (NASDAQ:EDAP) is projected to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $20.83 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Edap Tms Price Performance

Shares of EDAP opened at $2.06 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.46 and a current ratio of 2.18. Edap Tms has a fifty-two week low of $2.00 and a fifty-two week high of $8.50. The firm has a 50-day simple moving average of $2.42 and a 200-day simple moving average of $2.52. The company has a market capitalization of $76.43 million, a price-to-earnings ratio of -3.17 and a beta of 0.37.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Edap Tms in a research note on Thursday, March 20th. They issued a “hold” rating on the stock.

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.