KORU Medical Systems Inc (NASDAQ: KRMD) kicked off on Tuesday, down -4.85% from the previous trading day, before settling in for the closing price of $3.92. Over the past 52 weeks, KRMD has traded in a range of $1.86-$5.05.
While this was happening, its average annual earnings per share was recorded 54.60%. With a float of $43.65 million, this company’s outstanding shares have now reached $46.23 million.
KORU Medical Systems Inc (KRMD) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of KORU Medical Systems Inc is 5.59%, while institutional ownership is 55.07%. The most recent insider transaction that took place on Apr 21 ’25, was worth 51,955. Before that another transaction happened on Mar 19 ’25, when Company’s Officer proposed sale 14,490 for $2.84, making the entire transaction worth $41,157.
KORU Medical Systems Inc (KRMD) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.01 earnings per share (EPS), higher than consensus estimate (set at -0.04) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.60% per share during the next fiscal year.
KORU Medical Systems Inc (NASDAQ: KRMD) Trading Performance Indicators
Take a look at KORU Medical Systems Inc’s (KRMD) current performance indicators. Last quarter, stock had a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of KORU Medical Systems Inc (KRMD)
Looking closely at KORU Medical Systems Inc (NASDAQ: KRMD), its last 5-days average volume was 0.16 million, which is a drop from its year-to-date volume of 0.17 million. As of the previous 9 days, the stock’s Stochastic %D was 30.16%.
During the past 100 days, KORU Medical Systems Inc’s (KRMD) raw stochastic average was set at 54.30%, which indicates a significant increase from 3.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.18 in the past 14 days, which was lower than the 0.19 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.01, while its 200-day Moving Average is $3.50. However, in the short run, KORU Medical Systems Inc’s stock first resistance to watch stands at $3.94. Second resistance stands at $4.16. The third major resistance level sits at $4.27. If the price goes on to break the first support level at $3.61, it is likely to go to the next support level at $3.50. Should the price break the second support level, the third support level stands at $3.28.
KORU Medical Systems Inc (NASDAQ: KRMD) Key Stats
The company with the Market Capitalisation of 172.46 million has total of 46,235K Shares Outstanding. Its annual sales at the moment are 33,650 K in contrast with the sum of -6,070 K annual income. Company’s last quarter sales were recorded 10,190 K and last quarter income was -210 K.
