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Photomedex, Inc. (PHMD) [hlAlert]

Rating:
Buy PHMD
down 95.27 %

Photomedex, Inc. (PHMD) rated Buy by Sidoti

Posted on: Monday,  Jul 22, 2013  11:25 AM ET by Sidoti

Sidoti rated Buy Photomedex, Inc. (NASDAQ: PHMD) on 07/22/2013, when the stock price was $15.87. Since
then, Photomedex, Inc. has lost 95.27% as of 08/27/2015's recent price of $0.75.
If you would have followed this Sidoti's recommendation on PHMD, you would have lost 95.27% of your investment in 766 days.

PhotoMedex, Inc., is a medical device and specialty pharmaceutical company. The Company operates in four business units: three in Dermatology and one in Surgical. The Domestic XTRAC segment derives revenues from procedures performed by dermatologists in the United States. The Company's XTRAC system is placed in a dermatologist's office without any initial capital cost and then the Company charges a fee-per-use to treat skin disease. The International Dermatology segment, generates revenues from the sale of equipment and replacement parts to dermatologists outside the United States through a network of distributors. The Surgical products segment generates revenues by selling laser products and disposables to hospitals, surgery centers and doctors both domestically and internationally. In March 2009, the Company announced the closing of the acquisition of Photo Therapeutics Limited.

Sidoti
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2013 11:25 AM Buy
None
15.87
as of 12/13/2013
1 Week down  -4.14 %
1 Month down  -3.54 %
3 Months down  -24.98 %
1 YTD down  -22.81 %

(*) Stock Price at the time of the recommendation.
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