Upward Trajectory: Biomerica Inc (BMRA) Posts a Gaine, Closing at 3.23

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The closing price of Biomerica Inc (NASDAQ: BMRA) was $3.23 for the day, up 4.87% from the previous closing price of $3.08. In other words, the price has increased by $4.87 from its previous closing price. On the day, 0.61 million shares were traded. BMRA stock price reached its highest trading level at $3.658 during the session, while it also had its lowest trading level at $2.9601.

Ratios:

Our analysis of BMRA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.76 and its Current Ratio is at 3.76. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Colliers Securities on November 10, 2020, initiated with a Buy rating and assigned the stock a target price of $13.

On January 04, 2018, B. Riley FBR Inc. started tracking the stock assigning a Buy rating and target price of $7.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMRA now has a Market Capitalization of 8222805 and an Enterprise Value of 5529573. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 0.974 whereas that against EBITDA is -1.103.

Stock Price History:

The Beta on a monthly basis for BMRA is 0.26, which has changed by -0.082386374 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, BMRA has reached a high of $10.16, while it has fallen to a 52-week low of $1.93. The 50-Day Moving Average of the stock is -4.55%, while the 200-Day Moving Average is calculated to be -10.63%.

Shares Statistics:

BMRA traded an average of 32.84K shares per day over the past three months and 71760 shares per day over the past ten days. A total of 2.55M shares are outstanding, with a floating share count of 2.30M. Insiders hold about 9.74% of the company’s shares, while institutions hold 4.71% stake in the company. Shares short for BMRA as of 1749772800 were 53067 with a Short Ratio of 1.62, compared to 1747267200 on 37921. Therefore, it implies a Short% of Shares Outstanding of 53067 and a Short% of Float of 2.22.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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