Rockwell Medical Inc (RMTI) 14-day ATR is 0.14: This Stock is Set to Soar Above its Peers

Rockwell Medical Inc (NASDAQ: RMTI) started the day on Thursday, with a price increase of 20.90% at $2.14, before settling in for the price of $1.77 at the close. Taking a more long-term approach, RMTI posted a 52-week range of $1.16-$3.15.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 6.03%. Meanwhile, its Annual Earning per share during the time was 44.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 76.15%. This publicly-traded company’s shares outstanding now amounts to $30.32 million, simultaneously with a float of $29.63 million. The organization now has a market capitalization sitting at $64.88 million. At the time of writing, stock’s 50-day Moving Average stood at $1.8600, while the 200-day Moving Average is $1.6800.

Rockwell Medical Inc (RMTI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Drug Manufacturers – Specialty & Generic Industry. Rockwell Medical Inc’s current insider ownership accounts for 2.27%, in contrast to 17.96% institutional ownership.

Rockwell Medical Inc (RMTI) Earnings and Revenue Records

Rockwell Medical Inc’s EPS increase for this current 12-month fiscal period is 76.15% and is forecasted to reach 0.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 38.00% through the next 5 years, which can be compared against the 44.20% growth it accomplished over the previous five years trading on the market.

Rockwell Medical Inc (NASDAQ: RMTI) Trading Performance Indicators

Let’s observe the current performance indicators for Rockwell Medical Inc (RMTI). It’s Quick Ratio in the last reported quarter now stands at 1.60. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.69.

In the same vein, RMTI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.17, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be 0.06 at the market close of one year from today.

Technical Analysis of Rockwell Medical Inc (RMTI)

If we take a close look at the recent performances of Rockwell Medical Inc (NASDAQ: RMTI), its last 5-days Average volume was 0.22 million that shows progress from its year to date volume of 0.19 million. During the previous 9 days, stock’s Stochastic %D was recorded 61.15% While, its Average True Range was 0.1500.

Raw Stochastic average of Rockwell Medical Inc (RMTI) in the period of the previous 100 days is set at 84.78%, which indicates a major fall in contrast to 91.56% 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 84.98% that was higher than 61.24% volatility it exhibited in the past 100-days period.