IRIDEX Corporation (IRIX) Soars 44.41%

IRIDEX Corporation (IRIX) Soars 44.41%

IRIDEX Corporation is a IRIDEX Corp is involved in the business of developing, manufacturing and marketing laser-based medical systems, delivery devices and consumable instrumentation for ophthalmology.

IRIDEX Corporation (IRIX) had a good day on the market for Tuesday January 12 as shares jumped 44.41% to close at $4.13. About 10.66 million shares traded hands on 45,457 trades for the day, compared with an average daily volume of n/a shares out of a total float of 13.9 million. After opening the trading day at $3.90, shares of IRIDEX Corporation stayed within a range of $4.93 to $3.53.

With today’s gains, IRIDEX Corporation now has a market cap of $57.4 million. Shares of IRIDEX Corporation have been trading within a range of $4.24 and $1.23 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

IRIDEX Corp is involved in the business of developing, manufacturing and marketing laser-based medical systems, delivery devices and consumable instrumentation for ophthalmology. Its products include lasers, laser delivery devices, glaucoma devices, retinal surgical instruments, veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment that is ophthalmology. The geographical segments of the company include the United States, Europe, the Americas, excluding the U.S and Asia/Pacific.

IRIDEX Corporation is based out of Mountain View, CA and has some 132 employees. Its CEO is David I. Bruce.

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