Rockwell Medical Inc (NASDAQ: RMTI) kicked off on Tuesday, down -1.79% from the previous trading day, before settling in for the closing price of $2.24. Over the past 52 weeks, RMTI has traded in a range of $1.16-$5.15.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 6.03%. While this was happening, its average annual earnings per share was recorded 102.78%. With a float of $28.29 million, this company’s outstanding shares have now reached $32.32 million.
Considering the fact that the conglomerate employs 237 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.91%, operating margin of 0.59%, and the pretax margin is -1.25%.
Rockwell Medical Inc (RMTI) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Rockwell Medical Inc is 12.46%, while institutional ownership is 29.27%. The most recent insider transaction that took place on Nov 15 ’24, was worth 46,379. In this transaction Director of this company sold 19,991 shares at a rate of $2.32, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director sold 10,000 for $2.40, making the entire transaction worth $24,000. This insider now owns 121,429 shares in total.
Rockwell Medical Inc (RMTI) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.05 earnings per share (EPS), higher than consensus estimate (set at -0.07) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 102.78% 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
Take a look at Rockwell Medical Inc’s (RMTI) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 27.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Rockwell Medical Inc (RMTI)
Compared to the last year’s volume of 0.39 million, its volume of 0.65 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.35%. Additionally, its Average True Range was 0.25.
During the past 100 days, Rockwell Medical Inc’s (RMTI) raw stochastic average was set at 16.90%, which indicates a significant increase from 6.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.66% in the past 14 days, which was lower than the 110.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.31, while its 200-day Moving Average is $2.33. Nevertheless, the first resistance level for the watch stands at $2.25 in the near term. At $2.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.35. If the price goes on to break the first support level at $2.15, it is likely to go to the next support level at $2.10. Now, if the price goes above the second support level, the third support stands at $2.05.
Rockwell Medical Inc (NASDAQ: RMTI) Key Stats
The company with the Market Capitalisation of 71.10 million has total of 32,319K Shares Outstanding. Its annual sales at the moment are 83,610 K in contrast with the sum of -8,440 K annual income. Company’s last quarter sales were recorded 28,320 K and last quarter income was 1,660 K.
