With a market capitalization of $121.76 million, Sensus Healthcare, Inc. (SRTS) in Boca Raton, Fla., is a medical device company that manufactures and sells radiation therapy devices to healthcare providers worldwide. Its stock is currently trading 39% below its 52-week high of $11.96, which it hit on March 24, 2022. However, it sold its Sculptura assets to Empyrean Medical Systems for $15 million in cash, which helped the company to focus on the core dermatology market while providing capital for channel expansion.
SRTS’ board of directors has authorized a program to purchase up to $3 million of shares of its common stock, building shareholder value. The company has also announced that a mata mata turtle has joined the growing list of animal species successfully treated with its SRT-100 system. This may help open a potential new market for its solution.
