VIVE - Viveve Medical Inc.: The Losing Streak Continues (VIVE)

Viveve Medical Inc. (NASDAQ:VIVE) traded at a new 52-week low today of $2.45. So far today approximately 2.3 million shares have been exchanged, as compared to an average 30-day volume of 879,000 shares.

Viveve Medical Inc designs, develops, manufactures and markets a platform medical technology. Its Cryogen-cooled Monopolar Radiofrequency technology is delivered through a radiofrequency generator, handpiece and treatment tip, called the Viveve System. The Viveve System is for the non-invasive treatment of vaginal introital laxity, sexual function, vaginal rejuvenation, and stress urinary incontinence. The Viveve System is indicated for use and being marketed for use in general surgical procedures for electrocoagulation and hemostasis in the United States. It has a business presence in the US, Asia Pacific, Canada, Europe and Middle East and Latin America.

Over the past year, Viveve Medical Inc. has traded in a range of $2.45 to $14.40 and is now at $2.50.

There is potential upside of 46.9% for shares of Viveve Medical Inc. based on a current price of $2.50 and an average consensus analyst price target of $3.67.

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