RICHMOND, British Columbia, October 13, 2019 – Shares of Neovasc Inc. (NASDAQ: NVCN) showed the bearish trend with a lower momentum of -3.40% to $3.41. The company traded total volume of 32.559K shares as contrast to its average volume of 104.45K shares. The company has a market value of $25.51M and about 7.48M shares outstanding.

Neovasc Inc. (NVCN) reported a loss of $8.60M in its first quarter. The Richmond, British Columbia-based company said it had a loss of 21 cents per share. Losses, adjusted for asset impairment costs, came to 20 cents per share. The medical device company posted revenue of $585,800 in the period. Its adjusted revenue was $586.0K.

The stock, as of recent close, has shown the weekly downbeat performance of -5.01% which was maintained at -43.45% in this year.