Semler Scientific (OTCMKTS:SMLR) Stock Passes Below 50 Day Moving Average of $44.41

Semler Scientific Inc (OTCMKTS:SMLR)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $44.41 and traded as low as $41.50. Semler Scientific shares last traded at $43.20, with a volume of 10,774 shares traded.

Separately, ValuEngine downgraded shares of Semler Scientific from a “hold” rating to a “sell” rating in a report on Thursday, November 14th.

The firm has a market cap of $289.96 million, a PE ratio of 65.45, a P/E/G ratio of 1.46 and a beta of 0.34. The company’s fifty day moving average price is $44.41 and its two-hundred day moving average price is $44.66.

Semler Scientific (OTCMKTS:SMLR) last issued its earnings results on Wednesday, October 30th. The medical equipment provider reported $0.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.09. The business had revenue of $8.90 million for the quarter, compared to the consensus estimate of $8.09 million. Semler Scientific had a net margin of 46.11% and a return on equity of 116.92%. As a group, equities analysts predict that Semler Scientific Inc will post 1.18 EPS for the current year.

About Semler Scientific (OTCMKTS:SMLR)

Semler Scientific, Inc develops, manufactures, and markets proprietary products that assist healthcare providers to evaluate and treat patients with chronic diseases in the United States. Its products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.

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