Why DarioHealth's Stock Is Trading Higher Today

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DarioHealth DRIO shares are trading higher after Aegis Capital maintained its Buy rating on the stock and raised its price target from $25 to $35 per share.

DarioHealth Corp is a digital health company. It is engaged in the development and commercialization of patented and proprietary technology that provides consumers with laboratory-testing capabilities using smartphones and other mobile devices.

The company's product, Dario Blood sugar monitor is a mobile, real-time, cloud-based, diabetes management solution based on a multi-featured software application combined with a blood glucose monitoring device.

DarioHealth shares were trading up 8.88% at $27.21. The stock has a 52-week high of $27.59 and low of $3.02.

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