Business
The Uscom (ASX:UCM) share price plunged 6% today. Here’s why
The Uscom Ltd (ASX: UCM) share price tumbled today after the company released its quarterly cash report, showing significant falls across every major category.
The Uscom share price was down 6% at the close of trade today, at 15.5 cents per share.
A quick take on Uscom
Uscom is a medical technology company engaged in developing, designing, manufacturing, and marketing premium non-invasive cardiovascular and pulmonary medical devices.
The company’s geographical segment includes Australia, Asia, the Americas, Europe, and other regions. It generates maximum revenue from Asia.
The company offers USCOM 1A, a non-invasive hemodynamic monitor that measures cardiovascular function; BP+; a supra-systolic oscillometric central blood…
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