Financial Results for the Quarter Ended September 30, 2019
For the 3 months ended September 30, 2019, the Company stated a bottom line of about $5.2 M, or a net loss per diluted share of $0.18, contrast to $5.2 M, or a net loss per diluted share of $0.33, for the very same period last year. The third quarter of 2019 consisted of non-cash expenditures of about $0.6 M principally related to stock- based compensation, contrast to $1.4 M of non-cash expenses for the same duration of 2018.
For the nine months ended September 30, 2019, the Company specified a net loss of about $17.1 M, or a bottom line per diluted share of $0.72, contrast to $16.7 M, or a net loss per diluted share of $1.13, for the very same duration last year. The nine months ended September 30, 2019 included non-cash costs of about $2.7 M principally associated to stock-based compensation, contrast to $5.8 M of non-cash expenses for the exact same period of 2018.
The cost continued of -9.26% from the mean of 20 days, 2.99% from mean of 50 days SMA and carried out -20.43% from mean of 200 days price. Businesss performance for the week was -2.26%, -10.00% for month and YTD efficiency remained -5.68%.
On 24 Jan 2020, Motus GI Holdings, Inc. (NASDAQ: MOTS) spotted trading -56.71% off 52-week high rate. On the other end, the stock has actually been noted 51.21% away from the low price over the last 52-weeks. The stock changed -3.14% to current worth of $2.16. The stock negotiated 24740 shares throughout most current day however it has an average volume of 82.47 K shares. The company has 29.59 M of outstanding shares and 25.53 M shares were drifted in the market.
Motus GI Holdings, Inc., (MOTS) recently specified its financial outcomes for the 3rd quarter ended September 30, 2019 and provided a corporate upgrade.