In a recent development, MediWound (NASDAQ:MDWD) has been downgraded by equities research analysts at StockNews.com from a 'hold' rating to a 'sell' rating. The company's stock has a 50-day simple moving average of $14.04 and a 200-day simple moving average of $11.11. With a market cap of $135.26 million, a price-to-earnings ratio of -18.51, and a beta of 0.94, MediWound is facing challenges. Institutional investors and hedge funds currently own 46.83% of the stock.
In other news, AMI Asset Management Corp has purchased 21,476 shares of Shockwave Medical, Inc. (NASDAQ:SWAV) valued at approximately $4,092,000. Other large investors have also recently bought and sold shares of SWAV. Shockwave Medical stock traded up $3.02 during trading hours on Friday, reaching $325.63. The company had a trading volume of 814,504 shares, compared to its average volume of 720,826. Shockwave Medical, Inc. has a one-year low of $157.00 and a one-year high of $331.58. The firm has a market cap of $12.18 billion, a PE ratio of 84.14, a price-to-earnings-growth ratio of 2.75, and a beta of 0.90. Shockwave Medical last posted its quarterly earnings results on Thursday, February 15th. The company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.24. Shockwave Medical had a return on equity of 23.97% and a net margin of 20.17%. The firm had revenue of $202.98 million during the quarter, compared to analyst estimates of $199.43 million. During the same period last year, the company earned $3.71 earnings per share. The business's revenue for the quarter was up 41.0% on a year-over-year basis. On average, analysts anticipate that Shockwave Medical, Inc. will post 4.9 earnings per share for the current fiscal year.
Meanwhile, Shawcor Ltd. (OTCMKTS:SAWLF) saw its stock price decrease by 1.8% on Friday. The stock traded as low as $11.70 and last traded at $11.70. The trading volume was 16,370 shares, a decline of 73% from the average session volume of 59,944 shares. Shawcor Ltd., also known as Mattr Infratech, is a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Technologies, Connection Technologies, and Pipeline and Pipe Services. The firm has a 50-day moving average of $12.41 and a two-hundred day moving average of $11.68.