Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Biomerica Inc’s current trading price is -23.70% away from its 52-week high, while its distance from the 52-week low is 326.50%. The stock’s price range over this period has fluctuated between $0.24 and $1.35. The company, operating within the financial sector, had a trading volume of approximately 4.34 million for the day, which was noticeably lower than the average daily share volume of 8.06 million over the last 3 months.
Biomerica Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $1.35 on 02/23/24, while the lowest value for the same period was recorded at $0.24 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Biomerica Inc (BMRA) has experienced a quarterly rise of 183.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.89M 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 0.3990, with a change in price of +0.7300. Similarly, Biomerica Inc recorded 5,039,402 in trading volume during the last 100 days, posting a change of +243.33%.
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
Today, Biomerica Inc’s raw stochastic average for the past 50 days stands at 76.24%, indicating a decline from the raw stochastic average of the last 20 days, which was 89.57%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 87.08% and 71.25% respectively.
BMRA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 243.22% this year. Over the last six months, there has been a weaker performance of 231.19%. The price of BMRA fallen by 45.89% during the last 30 days period. For the last 5-days stocks have improved 36.97%.
