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In a challenging market environment, MELA Sciences , Inc. (NASDAQ:SSKN) stock has reached a 52-week low, dipping to $2.51, with a market capitalization of just $10.5 million. According to InvestingPro analysis, the company’s shares currently trade below their Fair Value, suggesting potential upside opportunity. The company, which specializes in medical devices for the dermatology market, has faced significant headwinds over the past year, reflected in a substantial decline of 48.5%. With a concerning EBITDA of -$1.17 million and rapid cash burn, this downturn marks a critical period for investors. InvestingPro subscribers can access additional insights through comprehensive Pro Research Reports, including detailed analysis of the company’s financial health score of 2.25 (FAIR) and analyst price targets ranging from $6 to $16.
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