Eye Catching Stock: Guardion Health Sciences (NASDAQ:GHSI)

Guardion Health Sciences (NASDAQ:GHSI) changed -10.71% to recent value of $1.35. The stock transacted 68374 shares during most recent day however it has an average volume of 66.49K shares. It spotted trading -66.25% off 52-week high price. On the other end, the stock has been noted 5.47% away from the low price over the last 52-weeks.

Guardion Health Sciences (NASDAQ:GHSI) an ocular health sciences and technologies company that develops, formulates and distributes condition-specific medical foods and testing technologies supported by evidence-based protocols, announced that it has received a patent from the European Union (European Patent No. 2,811,892 titled Apparatus for Use in the Measurement of Macular Pigment Optical Density and/or Lens Optical Density of an Eye) for its proprietary medical device, the MapcatSF®. The MapcatSF® measures the macular pigment density in the human eye, thus facilitating treatment for several ocular conditions and diseases that affect a large number of patients.

Michael Favish, Guardion’s Chief Executive Officer, commenting on the granting of this patent by the European Union, stated,The granting of this patent is another building block in our efforts to build an international portfolio of unique ocular products based on Guardion’s proprietary technologies, and will strengthen our position as we consider additional business opportunities throughout Europe.

Guardion previously reported that it received trademark registration from the People’s Republic of China for its proprietary medical food product Lumega-Z® and its medical device the MapcatSF®.

 The company has 22.49M of outstanding shares and 10.18M shares were floated in the market. . The price moved ahead of -17.04% from the mean of 20 days, -30.63% from mean of 50 days SMA and performed -33.64% from mean of 200 days price. Company’s performance for the week was -15.36%, -26.20% for month and YTD performance remained -63.32%.

Leave a Reply

Your email address will not be published. Required fields are marked *