Amedica (NASDAQ:AMDA) shares were down 0.8% during mid-day trading on Friday . The company traded as low as $1.16 and last traded at $1.18. Approximately 310,592 shares were traded during trading, a decline of 53% from the average daily volume of 667,720 shares. The stock had previously closed at $1.19.
A number of research analysts have issued reports on AMDA shares. Maxim Group reissued a “hold” rating on shares of Amedica in a report on Wednesday, January 24th. ValuEngine upgraded Amedica from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd.
Amedica Company Profile
Amedica Corporation, a commercial-stage biomaterial company, develops, manufactures, and commercializes a range of medical devices based on its silicon nitride technology platform in the United States, Europe, and South America. The company offers Valeo silicon nitride spinal fusion devices for use in the cervical and thoracolumbar areas of spine; and a line of non-silicon nitride spinal fixation products to address spinal deformity and degenerative conditions.
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