A new trading day began on Tuesday, with Rockwell Medical Inc (NASDAQ: RMTI) stock price up 5.40% from the previous day of trading, before settling in for the closing price of $3.89. RMTI’s price has ranged from $1.16 to $4.57 over the past 52 weeks.
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
Annual sales at Healthcare sector company grew by 6.03% over the past five years. Meanwhile, its annual earnings per share averaged 91.67%. With a float of $27.16 million, this company’s outstanding shares have now reached $29.13 million.
Let’s look at the performance matrix of the company that is accounted for 237 employees. In terms of profitability, gross margin is 13.44%, operating margin of -3.28%, and the pretax margin is -5.06%.
Rockwell Medical Inc (RMTI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Rockwell Medical Inc is 12.48%, while institutional ownership is 20.76%. The most recent insider transaction that took place on Oct 01 ’24, was worth 3,689. In this transaction SVP, Chief Commercial Officer of this company sold 1,001 shares at a rate of $3.69, taking the stock ownership to the 55,171 shares. Before that another transaction happened on Oct 01 ’24, when Company’s President and CEO sold 2,163 for $3.69, making the entire transaction worth $7,971. This insider now owns 147,201 shares in total.
Rockwell Medical Inc (RMTI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 91.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.00% during the next five years compared to 44.20% growth over the previous five years of trading.
Rockwell Medical Inc (NASDAQ: RMTI) Trading Performance Indicators
Here are Rockwell Medical Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.07 in one year’s time.
Technical Analysis of Rockwell Medical Inc (RMTI)
Rockwell Medical Inc (NASDAQ: RMTI) saw its 5-day average volume 0.42 million, a positive change from its year-to-date volume of 0.3 million. As of the previous 9 days, the stock’s Stochastic %D was 75.31%. Additionally, its Average True Range was 0.25.
During the past 100 days, Rockwell Medical Inc’s (RMTI) raw stochastic average was set at 84.18%, which indicates a significant decrease from 89.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.13% in the past 14 days, which was lower than the 74.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.62, while its 200-day Moving Average is $2.20. Nevertheless, the first resistance level for the watch stands at $4.25 in the near term. At $4.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.63. If the price goes on to break the first support level at $3.87, it is likely to go to the next support level at $3.65. Assuming the price breaks the second support level, the third support level stands at $3.49.
Rockwell Medical Inc (NASDAQ: RMTI) Key Stats
With a market capitalization of 127.23 million, the company has a total of 31,030K Shares Outstanding. Currently, annual sales are 83,610 K while annual income is -8,440 K. The company’s previous quarter sales were 25,830 K while its latest quarter income was 340 K.
