CRY - CryoLife Inc.: The Winning Streak Continues (CRY)
Shares of CryoLife Inc. (NYSE:CRY) traded at a new 52-week high today of $29.09. So far today approximately 993,000 shares have been exchanged, as compared to an average 30-day volume of 138,000 shares.
Cryolife Inc is engaged in the manufacturing, processing, and distribution of medical devices and implantable human tissues used in cardiac and vascular surgical procedures focused on aortic repair. The company has two reportable segments namely Medical devices and Preservation Services. The Medical Devices segment includes revenues from sales of BioGlue, On-X products, JOTEC products, CardioGenesis cardiac laser therapy, PerClot, and PhotoFix. The Preservation Services segment includes services revenues from the preservation of cardiac and vascular tissues. It generates a majority of its revenue from the Medical Devices segment. Geographically, the company generates a majority of its revenue from the United States.
In the past 52 weeks, CryoLife Inc. share prices are bracketed by a low of $16.13 and a high of $29.09 and is now at $27.50, 70% above that low price.
CryoLife Inc. (NYSE:CRY) is currently priced 15.2% above its average consensus analyst price target of $23.31.
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