5 Medical Monitoring Stocks To Radar: WHSI, GBS, BKSY, SENS, FORD
Following were the most active stock movers on Monday. Keep an eye on these stocks this week.
Wearable Health Solutions (OTCMKTS:WHSI) is a manufacturer of next-generation, advanced technology personal medical alarms and safety alert devices. WHSI’s technology can provide a leading edge for the Company in our current cutting-edge technology-driven markets.
● Unique Opportunity
Only Publicly Traded Small-Cap Stock in the $7.4 Billion PERS Market
● Major Marketing Campaign Kickoff Imminent
WHSI is launching a worldwide marketing campaign to expand its international network of distributors. Production is underway for the company’s spots on the weekly ‘Worldwide Business With kathy ireland®” show.
Ireland’s Company Reaches Over 200+ Million Households broadcast on FOX Business Network, Bloomberg International Television and video streams on all major social media platforms.
● iMax 4G Release
WHSI’s iHelp MAX™ 4G device is reportedly launching this year. The device will do more than transmit an emergency alarm for the user. It will also send medical personnel vital signs, such as heart rate.
This next-generation release would be huge for WHSI stock.
● WHSI Up Listing
WHSI’s Mark Cayle recently commented after releasing its Form 10, “Once our Form 10 Registration Statement is effective, we will consider an up listing to a broader stock exchange which could expand our exposure to institutional investors, money managers, family office funds, broker dealers, and other investors which is an important milestone in our corporate progression,” he concluded
An uplisting would be a major catalytic event.
GBS Inc. (NASDAQ:GBS) stock was the biggest loser in the previous trading session. The stock slumped 3% to $0.67 with more than 254K shares traded hands, well above its average volume of 2.37 million shares.
GBS Inc. operates as a biosensor diagnostic technology company. It offers Saliva Glucose Biosensor that uses saliva to measure glucose non-invasively. The company also focuses on developing COV2 test, a biosensor test can be used as a complement to the (RNA) virus detection test; and a biosensor platform comprising of biochemistry, immunology, tumour markers, hormones, and nucleic acid diagnostic modalities. It has a research agreement with Johns Hopkins Bloomberg School of Public Health for the development of saliva-based diagnostic tests.
BlackSky Technology Inc. (NASDAQ:BKSY) was another active stock buzzer on Monday. The stock closed lower by 19% to $1.51 with more than 2.02 million shares traded hands, well above its average volume of 931K shares.
Last week, the company announced that it is filing an S-8 Registration Statement with the Securities and Exchange Commission to register its employees’ shares for resale. These shares were originally included in the S-8 filed in December 2021, but are re-registered in this filing based on recent SEC requirements. No new share or warrant issuances are being made as part of the Registration Statement.
Senseonics Holdings Inc. (NYSE:SENS) was one of the biggest percentage losers on low volume. The stock fell 6.10% to close at $1.54. The company came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Forward Industries Inc. (NASDAQ:FORD) stock had a volatile session as the stock moved lower by 9.37% to $1.45 on total volume of 112K shares, compared to its average volume of 75k shares.
Last week, the company launched a full service Risk Management Consulting practice focused on incorporating product safety into product design. “In product design, design teams take great care to produce products that not only perform well, but are safe to use, yet the formal application of risk management practice is often overlooked,” said Ed Lanzilotta, Principal Systems Engineer, Intelligent Product Solutions.