Elbit Imaging (OTCMKTS:EMITF) Trading 14% Higher – Time to Buy?

Elbit Imaging Ltd. (OTCMKTS:EMITFGet Free Report) rose 14% during trading on Tuesday . The stock traded as high as $1.14 and last traded at $1.14. Approximately 2,100 shares were traded during trading, a decline of 27% from the average daily volume of 2,860 shares. The stock had previously closed at $1.00.

Elbit Imaging Price Performance

The firm’s fifty day moving average price is $0.99 and its 200 day moving average price is $0.92.

Elbit Imaging Company Profile

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Elbit Imaging Ltd., together with its subsidiaries, develops, produces, and markets therapeutic medical systems for performing non-invasive treatments on the human body in Israel and internationally. The company offers treatment-oriented medical systems with ultrasound beam and magnetic resonance imaging for noninvasive treatments in human body.

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