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 -19.42% away from its 52-week high, while its distance from the 52-week low is 209.14%. The stock’s price range for this period has been between $3.61 and $13.85 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 4.18 million for the day, a number notably higher than the average daily volume of 1.46 million over the last three months.
CorMedix Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $13.85 on 10/29/24, while the lowest value for the same period was recorded at $3.61 on 08/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CorMedix Inc (CRMD) has experienced a quarterly rise of 6.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 727.43M and boasts a workforce of 65 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.47, with a change in price of +1.81. Similarly, CorMedix Inc recorded 1,398,108 in trading volume during the last 100 days, posting a change of +19.36%.
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 0.00.
CRMD Stock Stochastic Average
As of today, CorMedix Inc’s raw stochastic average for the last 50 days stands at 95.86%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 95.28%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 88.71% and 90.95%, 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. The metric has seen a significant gain of 37.78% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 10.99%. Over the past 30 days, the price of CRMD has fallen by 90.44%. And in the last five days, it has surged by 22.37%.
