MedX Health (CVE:MDX) Shares Down 6.3% – Here’s Why

MedX Health Corp (CVE:MDX)’s share price fell 6.3% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 425,166 shares were traded during mid-day trading, an increase of 223% from the average session volume of 131,807 shares. The stock had previously closed at C$0.08.

MedX Health Price Performance

The stock has a market cap of C$20.26 million, a P/E ratio of -3.75 and a beta of 1.26. The firm’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

MedX Health Company Profile

MedX Health Corp develops, manufactures, and markets skin related screening tools and phototherapy devices for pain relief and tissue repair in Canada, the United States, and internationally. The company offers SIAscopy, a medical device technology used to scan skin for suspicious moles and lesions; and phototherapeutic medical devices, which use light energy in lower-level laser and LED to provide treatment for pain and tissue damage in the rehabilitation market.