Let’s look at the key reasons that are pushing Rockwell Medical Inc (RMTI) to new highs

On Tuesday, Rockwell Medical Inc (NASDAQ: RMTI) was 10.45% up from the session before settling in for the closing price of $2.01. A 52-week range for RMTI has been $1.16 – $5.15.

Healthcare Sector giant saw their annual sales surged by 6.03% over the last five years. When this article was written, the company’s average yearly earnings per share was at 102.78%. With a float of $28.45 million, this company’s outstanding shares have now reached $32.32 million.

The firm has a total of 237 workers. Let’s measure their productivity. 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rockwell Medical Inc stocks. The insider ownership of Rockwell Medical Inc is 11.96%, 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

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

You can see what Rockwell Medical Inc (RMTI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 27.28.

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)

Analysing the last 5-days average volume posted by the [Rockwell Medical Inc, RMTI], we can find that recorded value of 0.72 million was better than the volume posted last year of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 30.02%. Additionally, its Average True Range was 0.19.

During the past 100 days, Rockwell Medical Inc’s (RMTI) raw stochastic average was set at 17.46%, which indicates a significant decrease from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.80% in the past 14 days, which was lower than the 111.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.99, while its 200-day Moving Average is $2.37. Now, the first resistance to watch is $2.34. This is followed by the second major resistance level at $2.45. The third major resistance level sits at $2.57. If the price goes on to break the first support level at $2.11, it is likely to go to the next support level at $1.99. Now, if the price goes above the second support level, the third support stands at $1.88.

Rockwell Medical Inc (NASDAQ: RMTI) Key Stats

There are 32,319K outstanding shares of the company, which has a market capitalization of 71.75 million. As of now, sales total 83,610 K while income totals -8,440 K. Its latest quarter income was 28,320 K while its last quarter net income were 1,660 K.