Neovasc Inc (TSXV: NVC), a Canadian medical equipments developer, is featured as today’s top momentum gainer since it gained more than 35% touching its new intraday 52-week highs during the last two consecutive trading days with far more shares changing hands than in a normal session. During yesterday’s trading session, NVC was the top gainer in the healthcare sector after gaining 37.6% and closed at its 52-week high of C$6.40 while recording huge volumes of over 105,780 shares. During the past 5 trading sessions, NVC rallied 60% with daily average traded volumes of 48,106 shares. A strong momentum is witnessed in the stock since it has surged over 62% in the past one month with daily average volume of 16,185 shares. The stock skyrocketed after NVC reported the smooth and successful transplantation of its Tiara valve in a 73 year-old male patient. The transplantation resulted in a well-functioning bioprosthetic valve with no significant paravalvular leak or residual MR.
Company Description:
Neovasc Inc (TSXV: NVC) develops and markets vascular devices.
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