KORU Medical Systems Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $4.48 on 04/28/23, while the lowest value for the same period was recorded at $1.98 on 02/01/24.
52-week price history of KRMD Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. KORU Medical Systems Inc’s current trading price is -47.32% away from its 52-week high, while its distance from the 52-week low is 19.29%. The stock’s price range during the 52-week period has remained between $1.98 and $4.48. In the Healthcare sector, the company’s shares saw a trading volume of around 0.24 million for the day, which was evidently higher than the average daily volume of 93540.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
KORU Medical Systems Inc (KRMD) has experienced a quarterly decline of -3.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 107.88M and boasts a workforce of 82 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.20, with a change in price of +0.09. Similarly, KORU Medical Systems Inc recorded 87,257 in trading volume during the last 100 days, posting a change of +3.96%.
Examining KRMD’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for KRMD stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.18.
KRMD Stock Stochastic Average
As of today, KORU Medical Systems Inc’s raw stochastic average for the last 50 days stands at 74.59%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 71.11%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 60.80% and 51.32%, respectively.
KRMD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -3.87%. However, over the past six months, we’ve seen a stronger performance of -14.49%. The price of KRMD fallen by 10.28% over the last 30 days. And in the last five days, it has surged by 9.77%.
