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AorTech International

13:27 on 18/10/2017

Current Price 19.40p | Bid 18.00p | Ask 20.00p | Change 11.76%

Company Overview

AorTech Biomaterials, pty is focused on the commercialization of its world leading biomedical polymer technology, components and medical devices. It is a wholly owned subsidiary of AorTech International, plc which is listed on the UK Alternative Investment Market. AorTech Biomaterials is based in Australia, where its principal manufacturing and research and development facility is located. AorTech Medical Devices, USA is located in Salt Lake City, UT. AMD serves as the sales and distribution arm for the Biomaterials Division and AMD operates a device development lab in Del Ray Beach, FL.The company employs approximately 40 people internationally. AorTech's technologies have been designed to improve the performance and reliability of existing medical devices provide medical device designers with advantages and design options that were not available prior to the commercialization of its high performance polymer technologies. Its business model is based on licensing our polymer technology to medical device companies. It then works as a partner with the device company to assist with their development programs resulting in a cost effective and rapid move to device registration and revenues. As part of this model, AorTech supplies polymers and/or AorTech can manufacture components for the partner.

Stock Details

ISIN GB0033360586
Shares in Issue 5,557,695
Market cap £ 1.70m
Sector Health Care Equipment & Services
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 31/03/2016

Turnover $0.75 million
Operating Profit $-0.58 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -2.54
» More Financials

Key Personnel

Edward McDaid Finance Director
Frank Maguire CEO

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Price Summary

Mid Price ? 19.00p
Bid Price ? 18.00p
Ask Price ? 20.00p
Volume ? 24645
Change Today 2.00p
% Change Today 11.76%
Open 17.50p
Previous Close 17.00p
Intraday High 19.50p
Intraday Low 17.50p
52 Week High 43.88p
52 Week Low 19.50p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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