The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. CorMedix Inc’s current trading price is -26.77% away from its 52-week high, while its distance from the 52-week low is 73.54%. The stock’s price range for this period has been between $2.57 and $6.09 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.53 million for the day, a number notably higher than the average daily volume of 0.43 million over the last three months.
CorMedix Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $6.09 on 06/22/23 and a low of $2.57 for the same time frame on 11/15/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CorMedix Inc (CRMD) has experienced a quarterly rise of 24.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 245.21M and boasts a workforce of 82 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.52, with a change in price of +1.25. Similarly, CorMedix Inc recorded 691,140 in trading volume during the last 100 days, posting a change of +38.94%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CRMD stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
CRMD Stock Stochastic Average
CorMedix Inc’s raw stochastic average for the past 50 days is presently 98.13%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 97.95%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.96% and 82.58%, respectively.
CRMD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 18.62%. However, over the past six months, we’ve seen a weaker performance of 28.53%. The price of CRMD fallen by 25.63% over the last 30 days. And in the last five days, it has surged by 7.21%.
