Ra Medical Systems (RMED) drops 3.63% on strong volume on October 8


Shares of Ra Medical Systems Inc (NYSE: RMED) fell 3.63%, or $ 0.11 per share, to close at $ 2.92 on Friday. After opening the day at $ 3.02, shares of Ra Medical Systems have fluctuated between $ 3.18 and $ 2.91. 363,598 shares traded, an increase from their 30-day average of 358,481. Friday’s activity brought Ra Medical Systems’ market cap to $ 20,525,959.

Ra Medical Systems is headquartered in Carlsbad, California.

About Ra Medical Systems Inc

Ra Medical Systems markets excimer lasers and catheters for the treatment of vascular and dermatological diseases. In May 2017, the DABRA excimer laser system received US FDA 510 (k) clearance for overcoming chronic total occlusions, or CTO, in patients with symptomatic infrainguinal vascular disease. lower limbs with intended use for ablation of a duct in occlusive peripheral vascular disease. The Pharos excimer laser system is approved by the FDA and is used as a tool in the treatment of psoriasis, vitiligo, atopic dermatitis and leukoderma. DABRA and Pharos are both based on Ra Medical’s main excimer laser technology platform and deploy similar mechanisms of action. Ra Medical manufactures DABRA and Pharos excimer lasers and catheters at a 32,000 square foot facility located in Carlsbad, California. The vertically integrated facility is ISO 13485 certified and licensed by the State of California to manufacture sterile single use catheters in environments.

Visit the profile of Ra Medical Systems Inc for more information.

The daily solution

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

To get more information about Ra Medical Systems Inc and keep up with the latest company updates, you can visit the Company Profile page here: Ra Medical Systems Inc. Profile For More Information in the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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