The Fundamental Debate on TransEnterix Inc (TRXC) For or Against?

TransEnterix Inc (NYSE: TRXC), which manufactures the Senhance robotic surgical system, has received approval from European regulators for its use. The news pushed TransEnterix’s shares higher. However, the stock slipped by -6.63% to close at $3.24 in the standard trading session. The total number of shares traded during this period was 42.99 million, and the trading volume for this stock is currently 18.89M shares per day. The 52-week high and low price points are important to consider when determining a stock’s current and future price. TransEnterix Inc. (TRXC) shares are currently down -27.03% compared to the 52-week high and up 1057.14% compared to the 52-week low.

TransEnterixInc (TRXC) received European regulator approval to use its Senhance robotic surgical system with its ISU program for monitoring surgical processes with machine vision. Senhance’s operations have already been improved by the ISU, which was already approved in the U.S. last year.

ISU is a program that can recognize objects and track their movement. Using this technique, the surgeon can better visualize the operation area and control the camera’s movements more precisely. Moreover, the operating room can now share the surgeon’s console’s real-time view, allowing more efficient collaboration between surgical teams.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Several minimally invasive laparoscopic surgeries like chest, abdomen, and pelvic revisions can be performed with the Senhance surgical system. In the U.S. and Europe, over 6 million of these operations are performed each year. TransEnterix Inc (TRXC) leads this market despite strong competition. One advantage of TransEnterix is the lower cost of its surgical system, allowing it to be competitive with smaller medical centers with smaller budgets.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Recent Articles

Intel (INTC) Intends to appeal against Court order for Violation of VLSI Tech

In the last quarter, Intel's (INTC) share price rose 29%. On Tuesday, Intel fell 2.6% after Federal Judge Jim Davis ruled the company must...

The Facts You Need to Know about Itron Inc. (ITRI) Moving Forward

Itron, Inc. (NASDAQ: ITRI) released a positive update for the fourth quarter and full-year 2020. This quarter was highlighted by a record portfolio of...

One stock you can’t skip: Bionano Genomics Inc. [BNGO]

Bionano Genomics Inc. (BNGO) stock prices have grown nearly 1,000% in the past 12 months. Despite this, some analysts feel that the shares have...

What the sentiment indicator is Signaling: CEVA Inc (CEVA)

CEVA, Inc. (NASDAQ: CEVA) reported its fourth-quarter report on Tuesday, February 16; the company signed 21 new agreements generating record revenues. CEVA provides OEMs with...

A Stock Check: Which direction Pinterest Inc (PINS) will move from here?

The social networking company Pinterest Inc (PINS) rose 226% in the past year. If the price has increased significantly, is it worthwhile to acquire...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.