Shandong Weigao Medical Polymer (SHWGF) to Post Earnings on Tuesday

Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) is anticipated to post its results after the market closes on Tuesday, August 25th. Analysts expect the company to post earnings of $0.0250 per share and revenue of $1.0046 billion for the quarter.

Shandong Weigao Medical Polymer Stock Down 2.4%

Shares of Shandong Weigao Medical Polymer stock opened at $0.43 on Friday. Shandong Weigao Medical Polymer has a twelve month low of $0.42 and a twelve month high of $0.73. The firm’s 50-day moving average price is $0.43 and its 200 day moving average price is $0.52.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Shandong Weigao Medical Polymer to a “neutral” rating in a research note on Sunday, April 26th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Shandong Weigao Medical Polymer has an average rating of “Hold”.

About Shandong Weigao Medical Polymer

Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.