Pro-Dex, Inc. Announces Acquisition of Advanced Precision Machining
ACCESS Newswire (Thu, 12-Feb 4:00 PM ET)
Pro-Dex Secures Three-Year Contract Extension with Largest Customer—What Does This Mean for Growth?
Market Chameleon (Mon, 22-Dec 4:59 AM ET)
Pro-Dex Inc designs, develops, manufactures, and sells powered surgical instruments for medical device original equipment manufacturers (OEMs) to various countries. Its product portfolio includes autoclavable, battery-powered, electric, and multi-function surgical drivers and shavers used mainly in orthopedic, thoracic, and craniomaxillofacial markets. The company also provides engineering, quality, regulatory consulting services, and manufactures rotary air motors utilized in various industries. Operating out of ISO-certified facilities in California, Pro-Dex serves hospitals, medical labs, and high-tech manufacturers, generating revenue through sales of surgical instruments and related services.
Pro-Dex trades on the NASDAQ stock market under the symbol PDEX.
As of April 29, 2026, PDEX stock price declined to $49.84 with 23,365 million shares trading.
PDEX has a beta of 0.13, meaning it tends to be less sensitive to market movements. PDEX has a correlation of 0.00 to the broad based SPY ETF.
PDEX has a market cap of $159.79 million. This is considered a Micro Cap stock.
Last quarter Pro-Dex reported $19 million in Revenue and $.66 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.07.
In the last 3 years, PDEX traded as high as $70.26 and as low as $14.51.
The top ETF exchange traded funds that PDEX belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.
PDEX has underperformed the market in the last year with a price return of -27.8% while the SPY ETF gained +30.5%. However, in the short term, PDEX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +26.4% vs +2.6% return in SPY. But in the last 2 weeks, PDEX shares have been beat by the market, returning -5.6% compared to an SPY return of +2.5%.
PDEX support price is $49.43 and resistance is $53.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PDEX shares will trade within this expected range on the day.
