The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Biomerica Inc’s current trading price is -52.59% away from its 52-week high, while its distance from the 52-week low is 165.01%. The stock’s price range for this period has been between $0.24 and $1.35 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.12 million for the day, a number notably lower than the average daily volume of 7.82 million over the last three months.
Biomerica Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.35 on 02/23/24 and a low of $0.24 for the same time frame on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Biomerica Inc (BMRA) has experienced a quarterly rise of 108.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.74M and boasts a workforce of 64 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3520, with a change in price of +0.2000. Similarly, Biomerica Inc recorded 4,990,015 in trading volume during the last 100 days, posting a change of +45.45%.
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 BMRA stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.05.
BMRA Stock Stochastic Average
As of today, Biomerica Inc’s raw stochastic average for the last 50 days stands at 37.62%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 36.99%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 34.65% and 34.52%, respectively.
BMRA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 113.26%. However, over the last six months, the performance has been weaker by 83.17%. The price of BMRA increased 135.29% over the last 30 days. And in the last five days, it has fallen by 0.00%.
