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After finishing at $1.12 in the prior trading day, Rockwell Medical Inc (NASDAQ: RMTI) closed at $1.04, down -7.14%. In other words, the price has decreased by -$7.14 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RMTI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.95. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.34.
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, Rodman & Renshaw on November 14, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
On June 24, 2019, Piper Jaffray started tracking the stock assigning a Overweight rating and target price of $10.
On May 13, 2019, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.H.C. Wainwright initiated its Buy rating on May 13, 2019, with a $11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 10 ’25 when Irrevocable Larson Family Inve bought 57,000 shares for $1.07 per share. The transaction valued at 61,036 led to the insider holds 3,527,000 shares of the business.
Irrevocable Larson Family Inve bought 30,500 shares of RMTI for $32,982 on Apr 11 ’25. The 10% Owner now owns 3,557,500 shares after completing the transaction at $1.08 per share. On Apr 01 ’25, another insider, Strobeck Mark, who serves as the President and CEO of the company, sold 6,926 shares for $1.08 each. As a result, the insider received 7,480 and left with 124,678 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.13.
Stock Price History:
Over the past 52 weeks, RMTI has reached a high of $5.15, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -17.19%, while the 200-Day Moving Average is calculated to be -55.44%.
Shares Statistics:
A total of 34.26M shares are outstanding, with a floating share count of 29.53M. Insiders hold about 13.60% of the company’s shares, while institutions hold 23.73% stake in the company.