Nanosonics Limited (OTCMKTS:NNCSF – Get Free Report) shot up 15.4% on Thursday . The company traded as high as $3.00 and last traded at $3.00. 1,100 shares were traded during trading, an increase of 53% from the average session volume of 717 shares. The stock had previously closed at $2.60.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada raised Nanosonics from an “underperform” rating to a “sector perform” rating in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.
Read Our Latest Stock Report on Nanosonics
Nanosonics Stock Performance
About Nanosonics
Nanosonics Limited is an Australia‐based medical technology company specializing in infection prevention solutions for the healthcare sector. Founded in 2001 and headquartered in Sydney, the company is best known for developing and commercializing its proprietary Trophon platform, which provides automated high‐level disinfection of ultrasound probes using sonically activated hydrogen peroxide vapor. Nanosonics holds numerous patents and regulatory approvals across multiple jurisdictions, positioning it as a leader in point‐of‐care decontamination.
The company’s flagship product, Trophon EPR, is designed to address the critical need for rapid, reliable disinfection of endocavity and surface ultrasound transducers.
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