NAOV - Shares of NanoVibronix Inc. (NAOV) Have Risen Above Previous 52-Week High

Shares of NanoVibronix Inc. (NASDAQ:NAOV) traded at a new 52-week high today of $4.18. Approximately 26.3 million shares have changed hands today, as compared to an average 30-day volume of 41.4 million shares.

NanoVibronix Inc manufactures noninvasive biological response-activating devices that target biofilm prevention, pain therapy, and wound healing and can be administered at home, without the assistance of medical professionals. Its primary products are UroShield; PainShield; and WoundShield. Each of its UroShield, PainShield, and WoundShield products employs a small, disposable transducer that transmits low frequency, low intensity ultrasound acoustic waves that seek to repair and regenerate tissue, musculoskeletal and vascular structures, and decrease biofilm formation on urinary catheters and associated urinary tract infections. The company derives revenues from selling its products directly to patients as well as through distributor agreements.

NanoVibronix Inc. (NASDAQ:NAOV) defies analysts with a current price ($3.71) 21.9% above its average consensus price target of $2.90.

In the past 52 weeks, shares of NanoVibronix Inc. have traded between a low of $0.54 and a high of $4.18 and is now at $3.71, which is 593% above that low price.

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