As on Wednesday, CorMedix Inc (NASDAQ: CRMD) started slowly as it slid -22.51% to $10.05, before settling in for the price of $12.97 at the close. Taking a more long-term approach, CRMD posted a 52-week range of $2.57-$13.85.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded -47.11%. Meanwhile, its Annual Earning per share during the time was 9.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.05%. This publicly-traded company’s shares outstanding now amounts to $57.76 million, simultaneously with a float of $56.86 million. The organization now has a market capitalization sitting at $580.50 million. At the time of writing, stock’s 50-day Moving Average stood at $8.34, while the 200-day Moving Average is $5.37.
CorMedix Inc (CRMD) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. CorMedix Inc’s current insider ownership accounts for 1.56%, in contrast to 29.59% 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 14 ’23, Company’s Director bought 3,000 for 3.45, making the whole transaction’s value amount to 10,350. This particular insider is now the holder of 12,250 in total.
CorMedix Inc (CRMD) Earnings and Revenue Records
CorMedix Inc’s EPS increase for this current 12-month fiscal period is 45.05% and is forecasted to reach 0.36 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 4.43. The Stock has managed to achieve an average true range (ATR) of 0.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 716.67.
In the same vein, CRMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.93, a figure that is expected to reach 0.03 in the next quarter, and analysts are predicting that it will be 0.36 at the market close of one year from today.
Technical Analysis of CorMedix Inc (CRMD)
Through scrutinizing the latest numbers posted by the [CorMedix Inc, CRMD], it can be observed that its last 5-days Average volume of 2.5 million was better the volume of 0.69 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 61.41% While, its Average True Range was 1.01.
Raw Stochastic average of CorMedix Inc (CRMD) in the period of the previous 100 days is set at 62.89%, which indicates a major rise in contrast to 12.47% 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 121.71% that was higher than 82.46% volatility it exhibited in the past 100-days period.
