CorMedix Inc (NASDAQ: CRMD) established initial surge of 5.04% at $5.52, before settling in for the price of $5.26 at the close. Taking a more long-term approach, CRMD posted a 52-week range of $2.57-$7.00.
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It was noted that the giant of the Healthcare sector posted annual sales growth of -47.11% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 9.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.82%. This publicly-traded company’s shares outstanding now amounts to $54.94 million, simultaneously with a float of $53.94 million. The organization now has a market capitalization sitting at $303.49 million. At the time of writing, stock’s 50-day Moving Average stood at $4.36, while the 200-day Moving Average is $3.79.
CorMedix Inc (CRMD) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the CorMedix Inc industry. CorMedix Inc’s current insider ownership accounts for 1.89%, in contrast to 33.83% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s Chief Executive Officer bought 13,561 shares at the rate of 3.74, making the entire transaction reach 50,718 in total value, affecting insider ownership by 352,839. Preceding that transaction, on Dec 15 ’23, Company’s Director bought 3,000 for 3.30, making the whole transaction’s value amount to 9,900. This particular insider is now the holder of 15,250 in total.
CorMedix Inc (CRMD) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted -0.24 earnings per share (EPS) during the time that was less the consensus figure (set at -0.2) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
CorMedix Inc’s EPS increase for this current 12-month fiscal period is 18.82% and is forecasted to reach -0.10 in the upcoming year.
CorMedix Inc (NASDAQ: CRMD) Trading Performance Indicators
Let’s observe the current performance indicators for CorMedix Inc (CRMD). It’s Quick Ratio in the last reported quarter now stands at 6.78. The Stock has managed to achieve an average true range (ATR) of 0.38.
In the same vein, CRMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.92, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.10 at the market close of one year from today.
Technical Analysis of CorMedix Inc (CRMD)
Now, what If we examine the latest scores posted by [CorMedix Inc, CRMD]. During the last 5-days, its volume was lower the volume of 0.55 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 28.83% While, its Average True Range was 0.39.
Raw Stochastic average of CorMedix Inc (CRMD) in the period of the previous 100 days is set at 63.99%, which indicates a major rise in contrast to 26.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.52% that was lower than 67.36% volatility it exhibited in the past 100-days period.
