Deltex Medical Group (DEMG)

Sector:

Health Care

Index:

FTSE AIM All-Share

1.30p
   
  • Change Today:
      0.050p
  • 52 Week High: 2.65
  • 52 Week Low: 0.90
  • Currency: UK Pounds
  • Shares Issued: 524.46m
  • Volume: 690,447
  • Market Cap: £6.82m
  • RiskGrade: 442

Deltex Medical jumps after winning contract with Vizient

By Duncan Ferris

Date: Tuesday 02 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Deltex Medical's shares climbed on Tuesday after it won an innovative technology contract from US healthcare performance improvement company Vizient.
The medical technology firm said the contract was based on the recommendation of hospital experts in haemodynamics who serve on one of Vizient's member-led councils, with the contract targeting technologies that can significantly enhance clinical care and patient safety, whilst also improving an organisation's care delivery and business model.

The technology in question is Deltex's CardioQ-EDM+ esophageal doppler monitor, which measures blood flow velocity in real time and has regulatory approval for use in the US on both adult and paediatric patients down to three kilograms.

The AIM traded company added that the contract will help Deltex to expand its pipeline and US customer base even though there is no guarantee of sales.

Andy Mears, chief executive of Deltex, said: "Vizient is the largest member-driven healthcare improvement company in the United States, and its diverse membership and customer base includes academic medical centres, paediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers with combined purchasing volume of approximately $100bn annually."

Deltex Medical's shares were up 12.07% higher at 1.62p at 1319 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DEMG Market Data

Currency UK Pounds
Share Price 1.30p
Change Today 0.050p
% Change 4.00 %
52 Week High 2.65
52 Week Low 0.90
Volume 690,447
Shares Issued 524.46m
Market Cap £6.82m
RiskGrade 442

DEMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.91% below the market average42.91% below the market average42.91% below the market average42.91% below the market average42.91% below the market average
56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average
Price Trend
22.57% above the market average22.57% above the market average22.57% above the market average22.57% above the market average22.57% above the market average
5.00% above the sector average5.00% above the sector average5.00% above the sector average5.00% above the sector average5.00% above the sector average
Income Not Available
Growth
56.71% below the market average56.71% below the market average56.71% below the market average56.71% below the market average56.71% below the market average
70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DEMG Dividends

No dividends found

Trades for 14-Jul-2020

Time Volume / Share Price
14:05 36,151 @ 1.35p
13:45 3,500 @ 1.20p
13:35 20,000 @ 1.35p
13:32 21,929 @ 1.35p
13:29 17,736 @ 1.38p

DEMG Key Personnel

Chair Nigel J Keen
CEO Andy Mears

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