Biomerica Inc. (BMRA) concluded trading on Wednesday at a closing price of $0.37, with 3.89 million shares of worth about $1.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -41.39% during that period and on October 30, 2024 the price saw a gain of about 18.75%. Currently the company’s common shares owned by public are about 16.82M shares, out of which, 15.61M shares are available for trading.
Stock saw a price change of 20.29% in past 5 days and over the past one month there was a price change of 9.26%. Year-to-date (YTD), BMRA shares are showing a performance of -70.46% which decreased to -61.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.24 but also hit the highest price of $2.13 during that period. The average intraday trading volume for Biomerica Inc. shares is 362.72K. The stock is currently trading 14.26% above its 20-day simple moving average (SMA20), while that difference is up 6.08% for SMA50 and it goes to -39.35% lower than SMA200.
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Biomerica Inc. (NASDAQ: BMRA) currently have 16.82M outstanding shares and institutions hold larger chunk of about 13.24% of that.
The stock has a current market capitalization of $6.21M and its 3Y-monthly beta is at -1.12. It has posted earnings per share of -$0.37 in the same period. It has Quick Ratio of 2.09 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BMRA, volatility over the week remained 15.69% while standing at 12.34% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Colliers Securities on November 10, 2020 offering a Buy rating for the stock and assigned a target price of $13 to it. Coverage by B. Riley FBR Inc. stated Biomerica Inc. (BMRA) stock as a Buy in their note to investors on January 04, 2018, suggesting a price target of $7.50 for the stock.
