Electromed Inc (NYSEMKT:ELMD) Stock Sentiment Increases

Electromed, Inc. (NYSEAMERICAN:ELMD) Logo

Sentiment for Electromed Inc (NYSEMKT:ELMD)

Electromed Inc (NYSEMKT:ELMD) institutional sentiment increased to 1.83 in 2018 Q2. Its up 1.14, from 0.69 in 2018Q1. The ratio is positive, as 11 institutional investors opened new or increased equity positions, while 6 trimmed and sold positions in Electromed Inc. The institutional investors in our partner’s database now have: 1.90 million shares, down from 1.93 million shares in 2018Q1. Also, the number of institutional investors holding Electromed Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 6 New Position: 5.

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally. The company has market cap of $47.62 million. The firm 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. It has a 24.78 P/E ratio. It also provides single patient use SmartVest and SmartVest Wrap products for health care providers working in intensive care units; and Aerobika, an oscillating positive expiratory pressure device.

The stock decreased 1.04% or $0.06 during the last trading session, reaching $5.7. About 6,486 shares traded. Electromed, Inc. (NYSEMKT:ELMD) has declined 23.56% since December 2, 2017 and is downtrending. It has underperformed by 39.18% the S&P500.

White Pine Capital Llc holds 0.21% of its portfolio in Electromed, Inc. for 105,265 shares. Teton Advisors Inc. owns 111,616 shares or 0.05% of their US portfolio. Moreover, Tocqueville Asset Management L.P. has 0.03% invested in the company for 423,100 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.02% in the stock. Carlson Capital Management, a Minnesota-based fund reported 14,134 shares.

More notable recent Electromed, Inc. (NYSEAMERICAN:ELMD) news were published by: Businesswire.com which released: “Electromed, Inc. Names Kathryn Thompson Vice President of Reimbursement – Business Wire” on October 12, 2017, also Businesswire.com with their article: “Electromed, Inc. Announces Fiscal 2018 Second Quarter Financial Results – Business Wire” published on February 13, 2018, Businesswire.com published: “Electromed, Inc. to Receive Refund for Medical Device Excise Taxes Paid – Business Wire” on May 23, 2018. More interesting news about Electromed, Inc. (NYSEAMERICAN:ELMD) were released by: Businesswire.com and their article: “Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Convertible Preferred Stock Shareholders – Business Wire” published on October 02, 2018 as well as Businesswire.com‘s news article titled: “Retractable Technologies, Inc. Reports Results as of June 30, 2018 – Business Wire” with publication date: August 14, 2018.

Electromed, Inc. (NYSEAMERICAN:ELMD) Institutional Positions Chart

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