ICU Medical, Inc. (NASDAQ:ICUI) stock identified change of 17.32% away from 52-week low price and recently located move of -23.07% off 52-week high price. It has market worth of $5023.64M . ICUI stock has been recorded 6.01% away from 50 day moving average and 2.65% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.44% off 20-day moving average.
ICU Medical, Inc. (NASDAQ:ICUI), a leader in the development, manufacture and sale of innovative medical devices used in infusion therapy and critical care applications, declared that Scott E. Lamb, its Chief Financial Officer and Treasurer, has informed the Company of his intention to retire from the Company effective after filing the FY2019 10-K, following over 16 years of service with the Company. After retirement as CFO, Mr. Lamb will serve in an advisory role to ensure a smooth transition of responsibilities.
“Scott has been an integral part of ICU’s leadership team for many years,” said Chief Executive Officer Vivek Jain. “On behalf of the Board and our entire Company, I would like to thank Scott for his dedication and many significant contributions. Scott joined the company when it was approximately $100 million in revenues and was a key contributor during our changes over the last five years.”
Following the change, current Corporate Vice President, Brian Bonnell will be promoted to Chief Financial Officer and Treasurer. Brian Bonnell joined ICU Medical in 2018 and is currently responsible for the Treasury and Tax functions. Prior to joining ICU, Mr. Bonnell was Treasurer and Head of FP&A for Alere Inc. from 2015 until its acquisition by Abbott. Prior to Alere, Mr. Bonnell spent seven years at CareFusion Corporation, as both SVP of Tax and Treasury and as VP of Finance for Medical Systems, the $2.4 billion revenue segment that included infusion pumps and automated dispensing equipment. Prior to its spin-off of CareFusion, Mr. Bonnell spent seven years in a variety of Finance roles for Cardinal Health. Mr. Bonnell started his career in 1995 and spent seven years in the audit practice of Arthur Andersen LLP.
The Healthcare sector company, ICU Medical noticed change of -1.59% to $247.47 along volume of 114457 shares in recent session compared to an average volume of 194.43K. The stock observed return of -1.76% in 5 days trading activity. The stock was at 9.12% over one month performance. ICUI’s shares are at 6.53% for the quarter and driving a -14.43% return over the course of the past year and is now at 7.77% since this point in 2018.
The average volatility for the week at 1.92% and for month was at 2.28%. There are 20.3M shares outstanding and 19.15M shares are floated in market. Right now the stock beta is 0.79.
Category – Market Movers
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