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As of close of business last night, Rockwell Medical Inc’s stock clocked out at $4.14, up 3.11% from its previous closing price of $4.02. In other words, the price has increased by $3.11 from its previous closing price. On the day, 0.82 million shares were traded. RMTI stock price reached its highest trading level at $4.45 during the session, while it also had its lowest trading level at $4.09.
Ratios:
To gain a deeper understanding of RMTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.50.
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, Piper Jaffray on June 24, 2019, initiated with a Overweight rating and assigned the stock a target price of $10.
On May 13, 2019, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RMTI now has a Market Capitalization of 128620176 and an Enterprise Value of 131134256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 5.47. Its current Enterprise Value per Revenue stands at 1.39 whereas that against EBITDA is -148.174.
Stock Price History:
Over the past 52 weeks, RMTI has reached a high of $4.38, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 59.05%, while the 200-Day Moving Average is calculated to be 122.99%.
Shares Statistics:
It appears that RMTI traded 386.55K shares on average per day over the past three months and 932640 shares per day over the past ten days. A total of 29.13M shares are outstanding, with a floating share count of 27.43M. Insiders hold about 11.59% of the company’s shares, while institutions hold 20.22% stake in the company. Shares short for RMTI as of 1724976000 were 321528 with a Short Ratio of 0.83, compared to 1722384000 on 485427. Therefore, it implies a Short% of Shares Outstanding of 321528 and a Short% of Float of 1.04.
