Fisher & Paykel Healthcare (OTCMKTS:FSPKF) Shares Down 17.3% – Here’s What Happened

by · The Cerbat Gem

Fisher & Paykel Healthcare Co. Limited (OTCMKTS:FSPKF – Get Free Report)’s share price dropped 17.3% on Wednesday . The stock traded as low as $19.01 and last traded at $19.01. Approximately 1,455 shares were traded during trading, an increase of 37% from the average daily volume of 1,063 shares. The stock had previously closed at $23.00.

Fisher & Paykel Healthcare Stock Down 17.3%

The company has a 50 day moving average price of $21.17 and a 200-day moving average price of $20.84.

About Fisher & Paykel Healthcare

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Fisher & Paykel Healthcare Corporation Limited is a New Zealand-based medical device company that specializes in the design, manufacture and marketing of products and systems for respiratory care and the treatment of obstructive sleep apnea. Headquartered in Auckland, the company focuses on delivering therapeutic solutions that enhance patient outcomes across a range of acute and chronic respiratory conditions.

The company’s product portfolio includes humidification systems used in mechanical ventilation, high-flow nasal cannula therapy devices for adult and neonatal care, continuous positive airway pressure (CPAP) machines and interfaces for sleep apnea treatment, as well as medical devices for non-invasive ventilation.

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