LDR Holding Corporation (NASDAQ:LDRH) : During the past 4 weeks, traders have been relatively bearish on LDR Holding Corporation (NASDAQ:LDRH), hence the stock is down -1.61% 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 -1.32% relative to the S&P 500. The 4-week change in the price of the stock is -0.03% and the stock has fallen -0.05% in the past 1 week.
The company shares have dropped -11.75% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $47.12 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $32.04 and the 200 Day Moving Average price is recorded at $25.21.
The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 25.62%.
LDR Holding Corporation (NASDAQ:LDRH): On Fridays trading session , Opening price of the stock was $36.99 with an intraday high of $37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.94. However, the stock managed to close at $36.97, a loss of 0.03% for the day. On the previous day, the stock had closed at $36.98. The total traded volume of the day was 1,151,189 shares.
In an insider trading activity, Richard Patrick, officer (EVP, European Sales, Medical) of Ldr Holding Corp, unloaded 25,000 shares at an average price of $27.6 on April 15, 2016. The total amount of the transaction was worth $690,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
LDR Holding Corporation is a global medical device company. The Company is focused on designing and commercializing surgical technologies for the treatment of patients suffering from spine disorders. The Companys primary products are based on its VerteBRIDGE fusion and Mobi non-fusion platforms, both of which are designed for applications in the cervical and lumbar spine. The Companys VerteBRIDGE products are designed around its plating technology that enables surgeons to implant VerteBRIDGE devices with direct visualization of the disc and to affix the devices to the vertebrae from inside the spinal disc space. The Companys Mobi non-fusion platform is highlighted by Mobi-C, a cervical disc replacement device with a patented mobile bearing core that is designed to replicate the natural anatomical movement of the spine by facilitating independent bending and twisting similar to a healthy disc.