Stereotaxis (OTCMKTS:STXS) Shares Down 1%

Stereotaxis Inc (OTCMKTS:STXS)’s stock price dropped 1% on Friday . The company traded as low as $2.60 and last traded at $2.60. Approximately 12,091 shares traded hands during trading, a decline of 93% from the average daily volume of 172,724 shares. The stock had previously closed at $2.63.

Stereotaxis (OTCMKTS:STXS) last announced its quarterly earnings results on Thursday, May 9th. The medical equipment provider reported ($0.04) EPS for the quarter. Stereotaxis had a negative return on equity of 329.68% and a negative net margin of 11.71%. The business had revenue of $7.01 million during the quarter.

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About Stereotaxis (OTCMKTS:STXS)

Stereotaxis, Inc designs, manufactures, and markets robotic systems and instruments for the treatment of abnormal heart rhythms in the United States and internationally. Its products include Niobe ES robotic system that enables physicians to complete interventional procedures by providing image guided delivery of catheters and guide wires through the blood vessels and chambers of the heart to treatment sites; and Vdrive system, which offers navigation and stability for the diagnostic and therapeutic devices designed to enhance interventional procedures.

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