UTMD - Low-Beta Utah Medical Products Is Watch-List Worthy
Utah Medical Products Inc. (UTMD) invents, innovates, designs, engineers, manufactures, and sells quality medical instruments to end-users and third party distributors for use in hospital and office settings. They also sell component parts to Original Equipment Manufacturers. Their four product categories are:
Obstetrics: Care associated with pregnancy, childbirth, and the post-partum period. This category represented 11% of 2018 revenues, and has shrunk by 2.56% annually since 2013.
Gynecology/Electrosurgery/Urology: Gynecology relates to the female reproductive system. Electrosurgery includes devices that use electricity to cut and coagulate tissue simultaneously for limited blood loss. Urology deals