In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Biomerica Inc (NASDAQ: BMRA) closed at $0.62 in the last session, up 4.17% from day before closing price of $0.60. In other words, the price has increased by $4.17 from its previous closing price. On the day, 4.7 million shares were traded. BMRA stock price reached its highest trading level at $0.7 during the session, while it also had its lowest trading level at $0.5404.
Ratios:
We take a closer look at BMRA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 11460625 and an Enterprise Value of 3397771. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 0.617 whereas that against EBITDA is -0.529.
Stock Price History:
Over the past 52 weeks, BMRA has reached a high of $1.35, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 76.13%, while the 200-Day Moving Average is calculated to be 44.81%.
Shares Statistics:
According to the various share statistics, BMRA traded on average about 7.70M shares per day over the past 3-months and 41779370 shares per day over the past 10 days. A total of 18.34M shares are outstanding, with a floating share count of 16.17M. Insiders hold about 11.79% of the company’s shares, while institutions hold 8.86% stake in the company. Shares short for BMRA as of 1735603200 were 364048 with a Short Ratio of 0.05, compared to 1732838400 on 1425640. Therefore, it implies a Short% of Shares Outstanding of 364048 and a Short% of Float of 2.33.
