Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Edap Tms SA (ADR) before investing.

In this article, we go over a few key elements for understanding Edap Tms SA (ADR)’s stock price such as:

• Edap Tms SA (ADR)’s current stock price and volume
• Why Edap Tms SA (ADR)’s stock price changed recently
• Upgrades and downgrades for EDAP from analysts
• EDAP’s stock price momentum as measured by its relative strength

About Edap Tms SA (ADR) (EDAP)

Before we jump into Edap Tms SA (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Edap Tms SA is a France-based company that develops, manufactures, promotes and distributes minimally invasive medical devices for urology based upon ultrasound technology. The Company's activity is organized in two divisions: HIFU (High Intensity Focused Ultrasound) and ESWL (Extracorporeal ShockWave Lithotripsy) that invests in research and development, partnering with INSERM French public laboratory and international medical research institutions. It specialises in HIFU technology, a non-invasive treatment of prostate conditions with a range of Robotic HIFU devices, Ablatherm Fusion and Focal One, ESWL and Stone Laser that offers a range of minimally invasive solutions covering the full scope of urinary tract stone indications. It also operates worldwide via a network of corporate offices, subsidiaries and distribution partners

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Edap Tms SA (ADR)’s Stock Price as of Market Close

As of April 11, 2024, 4:00 PM, CST, Edap Tms SA (ADR)’s stock price was $7.84.

Edap Tms SA (ADR) is down 5.2% from its previous closing price of $8.27.

During the last market session, Edap Tms SA (ADR)’s stock traded between $8.24 and $8.50. Currently, there are 37.07 million shares of Edap Tms SA (ADR) stock available for purchase.

Unfortunately, Edap Tms SA (ADR)’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Edap Tms SA (ADR) Stock Price History

Edap Tms SA (ADR)’s (EDAP) price is currently up 6.67% so far this month.

During the month of April, Edap Tms SA (ADR)’s stock price has reached a high of $8.50 and a low of $7.39.

Over the last year, Edap Tms SA (ADR) has hit prices as high as $12.23 and as low as $3.60. Year to date, Edap Tms SA (ADR)’s stock is down 26.45%.

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What Caused Edap Tms SA (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 10, 2024, there were 3 analysts who downgraded Edap Tms SA (ADR)’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Edap Tms SA (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Edap Tms SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Edap Tms SA (ADR)’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Edap Tms SA (ADR) (EDAP) by visiting AAII Stock Evaluator.

Relative Price Strength of Edap Tms SA (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 10, 2024, Edap Tms SA (ADR) has a weighted four-quarter relative price strength of 2.27%, which translates to a Momentum Score of 75 and is considered to be Strong.

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Edap Tms SA (ADR) Stock Price: Bottom Line

As of April 11, 2024, Edap Tms SA (ADR)’s stock price is $7.84, which is down 5.2% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Edap Tms SA (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.