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MELA Sciences (NASDAQ:MELA) shares reached a new 52-week low on Thursday , American Banking and Market News reports. The company traded as low as $1.98 and last traded at $2.63, with a volume of 81,363 shares trading hands. The stock had previously closed at $0.26.

The stock has a 50-day moving average of $0.35 and a 200-day moving average of $0.56. The company’s market cap is $13.3 million.

MELA Sciences (NASDAQ:MELA) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.16) earnings per share (EPS) for the quarter.

MELA Sciences, Inc, formerly Electro-Optical Sciences, Inc, is a medical device company focused on the design, development and commercialization of a non-invasive, point-of-care (NASDAQ:MELA) instrument to assist in the early diagnosis of melanoma.

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