World Heart Corp trades in the stock market as ticker WHRT. Business Summary & Profile For World Heart Corp.

World Heart Corp

World Heart Corporation, together with its subsidiaries, focuses on the development and commercialization of implantable ventricular assist devices (VADs) primarily in the United States. The VADs are mechanical assist devices that supplement the circulatory function of the heart by re-routing blood flow through a mechanical pump allowing for the restoration of normal blood circulation for the treatment of patients with severe heart failure. The company’s products in development include Levacor, a rotary blood pump, for a range of circulatory support indications; Minimally Invasive VAD, a miniature maglev rotary pump, which provides circulatory support in adult patients in an earlier stage of heart failure, as well as late-stage heart failure patients; and Pediatric VAD, an axial rotary VAD, for use in newborns and infants. World Heart Corporation was founded in 1996 and is headquartered in Salt Lake City, Utah.
www.worldheart.com
65 Employees
Last Reported Date: 03/31/11
Founded in 1996
LAST $0.23 USD
CHANGE TODAY -0.01 -4.17%
VOLUME 4.9K
As of 11:49 AM 02/23/12 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of WORLD HEART CORP (WHRT)

OPEN
$0.23
PREVIOUS CLOSE
$0.24
DAY HIGH
$0.23
DAY LOW
$0.21
52 WEEK HIGH
02/23/11 - $1.62
52 WEEK LOW
11/17/11 - $0.17
MARKET CAP
6.1M
AVERAGE VOLUME 10 D
9.5K
EPS TTM
$-0.43
SHARES OUTSTANDING
26.7M
WHRT Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

related news

No related news articles were found.

related news for WORLD HEART CORP (WHRT)

A Smaller, Sleeker Heart Pump

Key developments for WORLD HEART CORP (WHRT)

World Heart Receives Another Non-Compliance Notice From NASDAQ

On February 14, 2012, World Heart Corp. received a second letter from the Staff notifying of its determination that it had failed to regain compliance with the Rule by February 13, 2012, but that the Company met all other initial inclusion criteria for The NASDAQ Capital Market set forth in NASDAQ Listing Rule 5505. As a result, in accordance with NASDAQ Listing Rule 5810(c)(3)(A), The Company has been granted an additional 180 calendar days, or until August 13, 2012, to regain compliance with the Rule. If, at any time before August 13, 2012, the bid price of common stock closes at $1.00 or more for a minimum of 10 consecutive business days as required under NASDAQ Listing Rule 5810(c)(3)(A), unless the Staff exercises its discretion to extend this 10-day period pursuant to NASDAQ Listing Rule 5810(c)(3)(F), the Staff will provide written notification to the Company that it comply with the Rule. If the Company do not regain compliance with the Rule by August 13, 2012, the Staff will provide written notification to Company that common stock will be delisted. At that time, the Company may appeal the Staffs delisting determination to a NASDAQ Hearings Panel, or the Panel. The Company would remain listed pending the Panels decision. There can be no assurance that, if the company does appeal the delisting determination by the Staff to the Panel, that such appeal would be successful.

World Heart Corp. Presents at Lazard Capital Markets 8th Annual Healthcare Conference, Nov-15-2011 01:30 PM

World Heart Corp. Presents at Lazard Capital Markets 8th Annual Healthcare Conference, Nov-15-2011 01:30 PM. Venue: The Pierre Hotel, 2 East 61st Street, New York, NY 110065, United States.

World Heart Receives Non-Compliance Notice From NASDAQ

On August 15, 2011, World Heart Corp. received a notice from the Listing Qualifications Department of The NASDAQ Stock Market stating that for the last thirty consecutive business days the bid price for the Companys common stock had closed below the minimum $1.00 per share requirement for continued listing on The NASDAQ Capital Market under NASDAQ Listing Rule 5550(a)(2). In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until February 13, 2012, to regain compliance. The letter states that the NASDAQ staff will provide written notification that the Company has achieved compliance with Rule 5550(a)(2) if at any time before February 13, 2012, the bid price of the Companys common stock closes at $1.00 per share or more for a minimum of ten consecutive business days. If the Company does not regain compliance with Rule 5550(a)(2) by February 13, 2012, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The NASDAQ Capital Market, with the exception of the minimum bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period. However, if it appears to the NASDAQ staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, the NASDAQ staff would notify the Company that its securities would be subject to delisting. In the event of such a notification, the Company may appeal the staffs determination to a Listing Qualifications Panel. The Company intends to monitor the bid price for its common stock between now and February 13, 2012. If its common stock does not trade at a level that is likely to regain compliance, the Companys Board of Directors will consider options available to the Company to achieve compliance.

WHRT Competitors

Company Last Change
ABIOMED Inc $21.43 USD +0.10
Getinge AB kr188.50 SEK +1.00
Teleflex Inc $59.54 USD -2.81
Thoratec Corp $35.00 USD -0.16
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation WHRT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 22.2x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

WHRT

 | 

WHRT transactions

Type
Date
Target
No transactions in the last 6 months.
No related news found for this World Heart Corp.

Write Comment Create Account
Subject Author
seems shorts have deserted this stock
low volume today...
s.wernli
Want to Profit NEOP,ECTE,
These are on their way up,up,up.I sold WHRT last weeek,up 100% on these picks....
rk27000
Hey retard_techie, look at BCOE.PK
What do you think of that one? I own more of that then WHRT also look at MGT, I own more of that to...
freak_for_money
FFI VALUE INVESTORS LOOK AT THIS ONE WOW
FFI Value Investors look at this one!! Current market cap just 8 Million Dollars Company has 7...
stock_pro2010
Earningl, why canceled today?
I was waiting to see what earning would be in hopes this might take a jump up. They were schedule fo...
natemiller99
I'M guessing that this is not good news!
I put some crazy low bids in!...
freak_for_money
ot) Blockbuster approval in 3Q11/Stock at Cash Level !!!
LOAD UP THE MASSIVE UNDERVALUED SHARES BEFORE THE PEOPLE DISCOVER THIS SLEEPING LOW FLOAT GIANT .THI...
manbody93
Hello i'm new to WHRT!
I guess it's time for the company to come out with PR about FDA Clearance sometime in the fe...
jamesraynor007
Lack of Insider Buying!
It's very interesting that there haven't been any insider buys over the last several...
dderrruppp
WHRT - WORLD HEART CORP Financials
Here&#39;s recent news mentioning WHRT - &quot;WORLD HEART CORP Financials&quot; - <a...
haileygrom
WHRT - WORLD HEART CORP Financials
Here&#39;s recent news mentioning WHRT - &quot;WORLD HEART CORP Financials&quot; - <a...
hanneloremattingly
ok, retard_techie, just bought CAMH.OB
in addition to owning WHRT! Didn&#39;t buy it because you told me, just bought it because looks...
freak_for_money
Look!!
Looks like it is heading lower.Hoping for .50 or less....
retarded_techie
Next up move?
Just got long, any other buyers?...
deadcat_bouncer
what a junk ...
they should focus on what they&#39;re good at, reverse stock splits......
s.wernli
Mgt. Pathetic!!! glad you are losing money! lol
You really suck! I seriously think this P.O.S. hits .20-.25 soon if not today!...
freak_for_money
Just cancelled the VAD
See you in Hell longs!!!...
retarded_techie
Get ready for it
This sucker is going to drop. Cheers and Beers Retarded_Techie...
retarded_techie
question:
wonder when this stock was trading at ,6.92?,thats what i have written on my stock watch records.tha...
cold69bed
The worst stock ever.
Happy i sold a while back....
investor2210
WHRT to watch for
Great earnings available for WHRT. Should finish the week strong. Prophet Alerts gives out great ...
georgehenry326
VAD'S
are already being used, what is a reason to buy? Looks like insiders, Mark and Green lost loads...
allananalgesia
I NEED HEART IMPLANT
Since i got this crapp i em down 25% on 8000 shares any one hellp hold or sell...
edvoska
Some targets worth checking for WHRT
Some targets worth checking for WHRT <a href="http://just.as/BfiQ7n" rel="nofollo...
crycnclyssc
BUYOUT OF WORLD HEART - LAWSUIT
NEW YORK--(BUSINESS WIRE)-- Tripp Levy PLLC, a leading national securities law firm, is investig...
jameskelly12354

Quotes are delayed for NASDAQ, NYSE, OTC, OTCBB (Penny Stocks) and NYSE Amex when available. Quotes and other information supplied by independent providers and feeds. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Localnewsnor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing Localnews, you agree not to redistribute the information found therein.

Privacy Policy - WE KEEP YOUR PERSONAL DATA PRIVATE AND CONFIDENTIAL - Localnews is committed to protecting the privacy of all our visitors and subscribers. Your right to privacy is very important to us. When you choose to provide us with information about yourself, we recognize that you trust us to act in a responsible manner. SHARING OF INFORMATION - Localnews does not sell, rent, lease or share any user information that it has collected over this website.

@2012 www.localnewsnow.org - Contact Us / Privacy Policy