On 24 Jan 2020, Motus GI Holdings, Inc. (NASDAQ: MOTS) spotted trading -56.71% off 52-week high price. On the other end, the stock has been noted 51.21% away from the low price over the last 52-weeks. The stock changed -3.14% to recent value of $2.16. The stock transacted 24740 shares during most recent day however it has an average volume of 82.47K shares. The company has 29.59M of outstanding shares and 25.53M shares were floated in the market.
Motus GI Holdings, Inc., (MOTS) recently stated its financial results for the third quarter ended September 30, 2019 and provided a corporate update.
Financial Results for the Quarter Ended September 30, 2019
For the three months ended September 30, 2019, the Company stated a net loss of about $5.2M, or a net loss per diluted share of $0.18, contrast to $5.2M, or a net loss per diluted share of $0.33, for the same period last year. The third quarter of 2019 included non-cash expenses of about $0.6M principally related to stock- based compensation, contrast to $1.4M of non-cash expenses for the same period of 2018.
For the nine months ended September 30, 2019, the Company stated a net loss of about $17.1M, or a net loss per diluted share of $0.72, contrast to $16.7M, or a net loss per diluted share of $1.13, for the same period last year. The nine months ended September 30, 2019 included non-cash expenses of about $2.7M principally related to stock-based compensation, contrast to $5.8M of non-cash expenses for the same period of 2018.
The price moved ahead of -9.26% from the mean of 20 days, 2.99% from mean of 50 days SMA and performed -20.43% from mean of 200 days price. Company’s performance for the week was -2.26%, -10.00% for month and YTD performance remained -5.68%.
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