Iridex Corp IRIX

$0.88 +0.20 (29.41%)

Valuation

Market cap
12,120,000
Revenue TTM
$52,680,000
Net income TTM
$-4,440,000
PE ratio
0.00
Forward PE
—
Profit margin
-8.43%
Debt to equity
1.04

Trading

Volume
19,607,344
Avg volume
75,546
Day's range
$0.66 – $1.02
Shares out
17,565,000
Stochastic %K
52%
Beta
0.67
Analysts
Strong Buy
Price target
$2.75

Price

Company profile

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight S...

Show more

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

Industry
Medical Devices
Sector
Healthcare
Phone
650 940 4700
Website
https://www.iridex.com
Address
1212 Terra Bella Avenue, Mountain View, United States

Latest news

Stocktwits

Nashgems Oct 7, 10:29 PM 0 replies
Connie_Hatchaway Oct 7, 9:55 PM
$IRIX Holding VWAP after the run. Watching to see if it holds above .86 overnight. Pros: Tons of insider buys above $1 Gaps to fill at $1.04 and $1.29 Don’t see an open ATM on Dilution Tracker Cons: Plenty of short share available and super cheap Could go either way.
0 replies
prismmarketview Oct 7, 9:54 PM
A heavy Wednesday: 5 of 27 PRISM indexes finished higher as selling hit crypto, space and metals names. Global health (+1.24%), psychedelics (+0.76%) and wellness (+0.32%) led the gainers, while crypto mining (-4.34%) and space (-3.32%) lagged. Biggest single-stock moves: $IRIX +29.16% and $BTCY +13.96% led the gainers, while $FEAM -17.29%, $BETR -11.51% and $JAGX -11.03% led the decliners. Full index at http://prismmarketview.com
0 replies
Emmetdeals Oct 7, 9:16 PM
I almost didn't take this one. Saw @swingSAGE_ alert then figured I'd give it a shot and came back to +15k$ I'm definitely paying attention to his calls now, I recommend u follow him too $IRIX $SMXT showing off
0 replies
Hassan77 Oct 7, 8:46 PM
$IRIX Chart looks coiled up to me going to be hard to push it down further from here
0 replies
topstockalerts Oct 7, 8:45 PM
$IRIX this chart is slowly winning people over.
0 replies
phijammaslamma Oct 7, 8:36 PM
$IRIX $0.81 -0.06 -7.2%. I ssw this pop over $1, but then it just died, now went red. Looks like just repeated pump and dump action on this. It was looking promising with insiders aquiring shares, but somebody still dumping or shorting a bunch. Set an alert if it ever break back over $1,
0 replies
Hovkry33 Oct 7, 8:29 PM
$IRIX come to $KUST
0 replies