Electromed (NYSEAMERICAN:ELMD) Shares Cross Above Two Hundred Day Moving Average of $0.00

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Shares of Electromed, Inc. (NYSEAMERICAN:ELMD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $5.30. Electromed shares last traded at $5.30, with a volume of 162 shares changing hands.

Separately, TheStreet lowered shares of Electromed from a “b-” rating to a “c+” rating in a research report on Tuesday, June 25th.

Large investors have recently added to or reduced their stakes in the company. Northern Trust Corp increased its holdings in Electromed by 18.4% in the 4th quarter. Northern Trust Corp now owns 18,674 shares of the medical equipment provider’s stock worth $95,000 after acquiring an additional 2,900 shares in the last quarter. Susquehanna International Group LLP purchased a new position in Electromed in the second quarter worth $127,000. BlackRock Inc. raised its position in Electromed by 37.0% in the second quarter. BlackRock Inc. now owns 33,204 shares of the medical equipment provider’s stock worth $181,000 after acquiring an additional 8,965 shares in the last quarter. Punch & Associates Investment Management Inc. raised its position in Electromed by 98.9% in the first quarter. Punch & Associates Investment Management Inc. now owns 81,000 shares of the medical equipment provider’s stock worth $417,000 after acquiring an additional 40,285 shares in the last quarter. Finally, White Pine Capital LLC raised its position in Electromed by 17.5% in the first quarter. White Pine Capital LLC now owns 90,765 shares of the medical equipment provider’s stock worth $467,000 after acquiring an additional 13,500 shares in the last quarter.

Electromed Company Profile (NYSEAMERICAN:ELMD)

Electromed, Inc develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally. The company offers SmartVest airway clearance system that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to patients with compromised pulmonary function; and SmartVest SQL System that provides advanced generator programmability and an enhanced pause feature with save, lock, and restore functionality.

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