Witnessing the stock’s movement on the chart, on Wednesday, KORU Medical Systems Inc (NASDAQ: KRMD) set off with pace as it heaved 5.91% to $4.03, before settling in for the price of $3.81 at the close. Taking a more long-term approach, KRMD posted a 52-week range of $1.98-$3.85.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 11.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.83%. This publicly-traded company’s shares outstanding now amounts to $45.67 million, simultaneously with a float of $43.11 million. The organization now has a market capitalization sitting at $184.95 million. At the time of writing, stock’s 50-day Moving Average stood at $2.84, while the 200-day Moving Average is $2.45.
KORU Medical Systems Inc (KRMD) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Instruments & Supplies industry. KORU Medical Systems Inc’s current insider ownership accounts for 5.94%, in contrast to 52.75% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’23, this organization’s Director bought 145,833 shares at the rate of 2.40, making the entire transaction reach 349,999 in total value, affecting insider ownership by 7,609,751. Preceding that transaction, on Dec 13 ’23, Company’s Director sold 145,833 for 2.40, making the whole transaction’s value amount to 349,999. This particular insider is now the holder of 2,198,825 in total.
KORU Medical Systems Inc (KRMD) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
KORU Medical Systems Inc’s EPS increase for this current 12-month fiscal period is 12.83% and is forecasted to reach -0.09 in the upcoming year.
KORU Medical Systems Inc (NASDAQ: KRMD) Trading Performance Indicators
Let’s observe the current performance indicators for KORU Medical Systems Inc (KRMD). It’s Quick Ratio in the last reported quarter now stands at 2.37. The Stock has managed to achieve an average true range (ATR) of 0.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.78.
In the same vein, KRMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.26, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.09 at the market close of one year from today.
Technical Analysis of KORU Medical Systems Inc (KRMD)
Going through the that latest performance of [KORU Medical Systems Inc, KRMD]. Its last 5-days volume of 66860.0 was inferior to the volume of 0.11 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 95.46% While, its Average True Range was 0.25.
Raw Stochastic average of KORU Medical Systems Inc (KRMD) in the period of the previous 100 days is set at 99.74%, which indicates a major rise in contrast to 99.61% 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 56.19% that was lower than 58.58% volatility it exhibited in the past 100-days period.
