Nexeon Medsystems Inc (OTCMKTS:NXNN) shares fell 25% during mid-day trading on Thursday . The company traded as low as $0.75 and last traded at $0.75, 750 shares changed hands during mid-day trading. An increase of 408% from the average session volume of 148 shares. The stock had previously closed at $1.00.
The stock has a fifty day simple moving average of $1.48 and a 200-day simple moving average of $2.11.
About Nexeon Medsystems (OTCMKTS:NXNN)
Nexeon MedSystems Inc, a medical device company, develops, manufactures, and commercializes neurostimulation technology for the treatment of various neurological disorders through electrical stimulation of neural tissues. Its neurostimulation technology platform would provide treatment to patients in several neurostimulator markets, including deep brain stimulation, peripheral electrical nerve stimulation, sacral nerve stimulation, spinal cord stimulation, vagus nerve stimulation, and other neurostimulator markets.
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