Parsons Capital Management Inc. RI Has $274,000 Holdings in NeurAxis, Inc. (NASDAQ:NRXS)

Parsons Capital Management Inc. RI grew its holdings in shares of NeurAxis, Inc. (NASDAQ:NRXS) by 797.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,726 shares of the company’s stock after acquiring an additional 103,726 shares during the quarter. Parsons Capital Management Inc. RI owned 1.67% of NeurAxis worth $274,000 at the end of the most recent quarter.

NeurAxis Trading Down 4.2 %

Shares of NeurAxis stock opened at $3.00 on Wednesday. The firm’s 50 day moving average is $2.70 and its 200 day moving average is $2.89. The firm has a market capitalization of $20.94 million, a PE ratio of -1.63 and a beta of 4.20. NeurAxis, Inc. has a 1 year low of $2.02 and a 1 year high of $3.89.

NeurAxis (NASDAQ:NRXS) last posted its earnings results on Tuesday, November 12th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $0.67 million for the quarter.

About NeurAxis

NeurAxis, Inc, a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 11-18 years of age with functional abdominal pain associated with irritable bowel syndrome.