{"id":7138,"date":"2013-06-03T07:56:12","date_gmt":"2013-06-03T11:56:12","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=7138"},"modified":"2013-06-03T07:56:12","modified_gmt":"2013-06-03T11:56:12","slug":"mgc-diagnostics-corporation-nasdaqmgcd-shares-gained-by-12-89","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/mgc-diagnostics-corporation-nasdaqmgcd-shares-gained-by-12-89-7138","title":{"rendered":"MGC Diagnostics Corporation (NASDAQ:MGCD) shares gained by 12.89%"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 06\/03\/2013 (wallstreetpr) &#8211;\u00a0The share prices of MGC Diagnostics Corporation (NASDAQ:MGCD) had surged by 12.89 percent to close at $7.62 per share for the last trading session on Friday. The shares of the company had been trading in the range of $7.00 to $7.82 per share, close to its recent 52 week high price level at $7.90 per share. The 52 week low price level for MGC Diagnostics Corporation (NASDAQ:MGCD) is at $5.01 per share.<\/p>\n<p style=\"text-align: justify;\"><b>Second quarter financial results<\/b><\/p>\n<p style=\"text-align: justify;\">MGC Diagnostics Corporation (NASDAQ:MGCD) had recently released its financial results for the second quarter in which the company had registered $7.6 million revenue, an increase of 35 percent over the same quarter of previous year. The net income for the second quarter was reported to be $252,000 translates into 6 cents per basic and diluted share compared to the loss of 11 cents per share for the second quarter of fiscal 2012.<\/p>\n<p style=\"text-align: justify;\">MGC Diagnostics Corporation (NASDAQ:MGCD) is involved in developing medical technology solutions for cardio respiratory health disorders. The company presently develops and commercializes non invasive cardio respiratory diagnostic products through its wholly owned subsidiary under the MGC Diagnostics brand name. The products of MGC Diagnostics Corporation (NASDAQ:MGCD) are sold through direct sales force in the United States and through distributors in the international markets.<\/p>\n<p style=\"text-align: justify;\">The shares of MGC Diagnostics Corporation (NASDAQ:MGCD) had witnessed heavy trading volume at 86,109 shares being exchanged hands on Friday while the average trading volume of the company is at 5,432 shares per day. The company presently holds 4 million shares outstanding in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 06\/03\/2013 (wallstreetpr) &#8211;\u00a0The share prices of MGC Diagnostics Corporation (NASDAQ:MGCD) had surged by 12.89 percent to close at $7.62 per share for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[264],"tags":[2414,2415],"stock_ticker":[],"class_list":["post-7138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-mgc-diagnostics-corporation-nasdaqmgcd","tag-nasdaqmgcd","entry"],"acf":[],"yoast_head":"<!-- This site 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