MEDISTIM Stock Jumps By 27% In The Last 21 Sessions

(VIANEWS) – Shares of MEDISTIM (Oslo Børs Benchmark Index_GI: MEDI.OL) jumped by a staggering 27.17% in 21 sessions from kr219 to kr278.50 at 14:39 EST on Thursday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 1.72% to kr1,188.70, after three sequential sessions in a row of gains.

MEDISTIM’s last close was kr270.50, 18.03% below its 52-week high of kr330.00.

About MEDISTIM

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MEDISTIM has a trailing twelve months EPS of kr3.84.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 72.51. Meaning, the purchaser of the share is investing kr72.51 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 33.83%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.6%, now sitting on 491.94M for the twelve trailing months.

Volume

Today’s last reported volume for MEDISTIM is 786 which is 92.68% below its average volume of 10743.

More news about MEDISTIM (MEDI.OL).

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