Pro Medicus (OTCMKTS:PMCUF) Shares Gap Down – Here’s Why
by Tristan Rich · The Markets DailyPro Medicus Limited (OTCMKTS:PMCUF – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $118.12, but opened at $114.05. Pro Medicus shares last traded at $114.05, with a volume of 14 shares.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group lowered Pro Medicus from a “buy” rating to a “hold” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Pro Medicus currently has a consensus rating of “Hold” and an average target price of $155.00.
Read Our Latest Report on Pro Medicus
Pro Medicus Trading Down 0.4%
The firm’s 50 day moving average is $121.73 and its 200 day moving average is $111.21.
Pro Medicus Company Profile
Pro Medicus Limited is an Australian medical technology company that develops software for medical imaging and healthcare organizations. Its primary product is the Visage enterprise imaging platform, which supports the storage, management, viewing and distribution of diagnostic images such as X-rays, CT scans and magnetic resonance images.
The company’s software is designed to help hospitals, radiology practices and other healthcare providers manage imaging workflows and enable clinicians to access diagnostic information across locations.