Amedica Corporation (AMDA) : During the past 4 weeks, traders have been relatively bearish on Amedica Corporation (AMDA), hence the stock is down -21.85% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -15.95% relative to the S&P 500. The 4-week change in the price of the stock is -21.05% and the stock has fallen -15.9% in the past 1 week.
The stock has recorded a 20-day Moving Average of 15.7% and the 50-Day Moving Average is 36.68%. Amedica Corporation (NASDAQ:AMDA): On Fridays trading session , Opening price of the stock was $0.72 with an intraday high of $0.72. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.67. However, the stock managed to close at $0.6711, a loss of 10.52% for the day. On the previous day, the stock had closed at $0.75. The total traded volume of the day was 1,391,661 shares.
The company Insiders own 0.6% of Amedica Corporation shares according to the proxy statements. Institutional Investors own 5.55% of Amedica Corporation shares.
Amedica Corporation is a commercial biomaterial company. The Company is a vertically integrated silicon nitride orthopedic medical device manufacturer focused on using its silicon nitride technology platform to develop, manufacture and sell a range of medical devices. The Company markets spinal fusion products and are developing products for use in total hip and knee joint replacements. The Company markets its Valeo family of silicon nitride interbody spinal fusion devices in the United States and Europe for use in the cervical and thoracolumbar areas of the spine. The Companys Valeo interbody spinal fusion devices include Anterior Lumbar, Posterior Lumbar, Oblique Lumbar, Transforaminal Lumbar, Cervical and Corpectomy. In addition to its silicon nitride-based spinal fusion products, the Company markets a line of non-silicon nitride spinal fusion products, which allows it to provide surgeons and hospitals with a range of products.