Titan Medical Inc (TSXV: TMD), a Canadian medical device company, is featured as today’s top momentum gainer since it gained over 9% touching its new intraday 52-week highs in the last two consecutive trading days with far more shares changing hands than in a normal session. During its last trading session, TMD was the top gainer in the healthcare space after rising 10.6% and closed at its 52-week high of C$1.56 while recording huge volumes of over 1 million shares. During the past week, TMD was among the top weekly gainers after rising over 31% with 5-day daily average traded volumes of 434,298 shares. A strong momentum is witnessed in the stock after it rose over 58% in the past one month with daily average volume of 176,051 shares.
Company Description:
Titan Medical Inc (TSXV: TMD) is developing a 3-armed robotic surgical system to permit surgeons to remotely manipulate surgical instruments.
1-Year Stock Chart:
Source: Bloomberg
