Bovie Medical Corporation (BVX) was Initiated by Piper Jaffray to “Overweight”. Piper Jaffray advised their investors in a research report released on Nov 21, 2016.
Many Wall Street Analysts have commented on Bovie Medical Corporation. Bovie Medical Corporation was Initiated by Piper Jaffray to “Overweight” on Nov 21, 2016.
Bovie Medical Corporation closed down -0.14 points or -3.20% at $4.24 with 1,19,034 shares getting traded on Monday. Post opening the session at $4.35, the shares hit an intraday low of $4.23 and an intraday high of $4.44 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Aug 19, 2016, John J. Iii Mccarthy (Chief CommercializationOfficer) purchased 90,750 shares at $3.30 per share price. According to the SEC, on Dec 23, 2015, Moshe Citronowicz (Sr. V.P. of Operations) purchased 20,000 shares at $1.84 per share price. On Dec 23, 2015, Robert Gershon (CEO) purchased 10,000 shares at $1.82 per share price, according to the Form-4 filing with the securities and exchange commission.
Bovie Medical Corporation (Bovie) is an energy-based medical device company. The Company is engaged in developing manufacturing and marketing a range of electrosurgical products and technologies as well as related medical products used in doctor’s offices surgery centers and hospitals around the world. It is also engaged in the design development and manufacturing of electrosurgical equipment by producing equipment for medical device manufacturers. It also develops J-Plasma a plasma-based surgical product. The Company operates through three segments: Core OEM and J-Plasma. The Company’s medical devices are marketed through its own brands including Bovie Aaron IDS and ICON) and on a private label basis to distributors throughout the world. The Company offers its products in three categories: electrosurgery cauteries and other products. Its electrosurgery products include desiccators generators electrodes electrosurgical pencils and various ancillary disposable products.