Microtek Medical Gains 5 Percent as Volume Triples

by H.S. Ayoub
BioHealthInvestor.com


Shares of Microtek Medical Holdings (MTMD) gained more than 5% on Thursday as volume tripled the 3 month daily average.

There were no significant news releases or other significant events that could be detected.

Microtek offers infection control products, fluid control products, safety products, and other products to healthcare professionals for use in environments, such as operating rooms and ambulatory surgical centers.

The $180 million company has $15 million in cash and equivalents and less than $100 thousand in debt. Yearly Revenue has been increasing for the last 3 years.

Shares of Microtek closed at $4.17, a little more than 1% away from the 52-week high of $4.22 reached on the same day.

Microtek Medical Holdings has made BHI's Watch List.

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