ValuEngine Upgrades Neurometrix (NURO) to Sell

Neurometrix (NASDAQ:NURO) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

Separately, HC Wainwright reissued a “buy” rating and set a $3.00 price objective (down previously from $10.00) on shares of Neurometrix in a report on Friday, October 20th.

Shares of Neurometrix (NASDAQ NURO) traded up $0.01 during mid-day trading on Tuesday, reaching $1.73. 25,622 shares of the company traded hands, compared to its average volume of 85,569. Neurometrix has a 12-month low of $1.45 and a 12-month high of $7.20. The firm has a market cap of $4.01, a P/E ratio of -0.10 and a beta of 0.33.

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About Neurometrix

NeuroMetrix, Inc is a healthcare company combining bioelectrical and digital medicine to address chronic health conditions, including chronic pain, sleep disorders and diabetes. The Company is engaged in the sale of medical equipment, and consumables and accessories. It has two principal product lines: Wearable neuro-stimulation therapeutic devices and Point-of-care neuropathy diagnostic tests.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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