neurometrix inc (NURO:NASDAQ CM)
neurometrix inc (NURO) Snapshot
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Open
$1.90
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Previous Close
$1.92
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Day High
$1.90
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Day Low
$1.90
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52 Week High
08/6/12 - $5.10
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52 Week Low
05/6/13 - $1.84
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Market Cap
4.3M
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Average Volume 10 Days
14.7K
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EPS TTM
$-4.54
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Shares Outstanding
2.3M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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No Related Businessweek News Foundneurometrix inc (NURO) Details
NeuroMetrix, Inc., a medical device company, develops and markets products for the detection, diagnosis, and monitoring of peripheral nerve and spinal cord disorders, such as those associated with carpal tunnel syndrome, lumbosacral disc disease, spinal stenosis, and diabetes. The company focuses on the diagnosis and treatment of neurological complications of diabetes, including diabetic peripheral neuropathy (DPN) and median neuropathy. Its marketed products include NC-stat DPNCheck, a device used to evaluate systemic neuropathies, such as DPN at the point-of-care; SENSUS pain therapy device, a transcutaneous electrical nerve stimulator used for chronic and intractable pain relief; and ADVANCE NCS/EMG system, a platform for the performance of traditional nerve conduction studies and invasive electromyography procedures for the assesment of CTS, low back and leg pain, and DPN, as well as consumables and accessories. The company is also developing SENTINEL device that provides sensory enhancement in the feet targeted at patients who have lost sensory perception in the lower extremities. NeuroMetrix, Inc. distributes its products directly through its direct sales force and independent sales representatives to physicians, clinics, hospitals, managed care organizations, retail health businesses, and independent distributors consisting of primary care, internal medicine, orthopedic and hand surgeons, pain medicine physicians, neurologists, physical medicine and rehabilitation, physicians, and neurosurgeons, as well as endocrinology and podiatry markets primarily in the United States, the United Kingdom, the Netherlands, and India. The company was founded in 1996 and is headquartered in Waltham, Massachusetts.
neurometrix inc (NURO) Top Compensated Officers
neurometrix inc (NURO) Key Developments
NeuroMetrix Inc. announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, revenues were $1,401,454 compared to $2,081,542 a year ago. Loss from operations was $2,255,184 compared to $2,756,633 a year ago. Net loss was $2,253,415 compared to $2,752,335 a year ago. Net loss per common share data, basic and diluted was $1.06 compared to $1.99 a year ago. The company provided earnings guidance for the year 2013. For the year, the company forecast gross margins in the mid 50% range. Operating expenses total $3.1 million in the quarter. During the remainder of 2013, The company expects that OpEx would be in the quarterly range of about $2.7 million to $3 million.
NeuroMetrix Inc. announced that it had entered into an agreement with Omron Healthcare Co., Ltd. to be the exclusive distributor for NC-stat(R) DPNCheck(R) in Japan. NC-stat DPNCheck is a rapid, accurate and quantitative point-of-care test to detect diabetic peripheral neuropathy at an early stage allowing physicians to select appropriate treatment. DPN is the most common complication of diabetes, affecting over half of people with diabetes. DPN causes significant morbidity including pain, increased risk of falling in the elderly, and is the primary trigger for diabetic foot ulcers, which may require lower extremity amputations.
NeuroMetrix Inc., Q1 2013 Earnings Call, Apr 25, 2013
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Industry Analysis
NURO
Industry Average
| Valuation | NURO | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.6x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact NEUROMETRIX INC, please visit www.neurometrix.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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