Moreover, the 36-month beta value for BMRA is -1.09. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BMRA is 14.84M and currently, short sellers hold a 5.27% of that float. On December 27, 2024, BMRA’s average trading volume was 871.03K shares.
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BMRA) stock’s latest price update
Biomerica Inc (NASDAQ: BMRA)’s stock price has gone rise by 16.91 in comparison to its previous close of 0.28, however, the company has experienced a 11.68% increase in its stock price over the last five trading days. globenewswire.com reported 2024-11-21 that IRVINE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) — Biomerica, Inc. (NASDAQ: BMRA), a global biomedical technology company, announces they have recently received three patent notices of allowance covering technology and methods for treating Gastroesophageal Reflux Disease (“GERD”), Crohn’s Disease, and Ulcerative Colitis using its proprietary inFoods® Technology. These patents apply to countries under the European Patent Organization (“EPO”), including major markets such as Germany, UK, France, Italy, and Spain, as well as over 30 other nations within the EPO.
BMRA’s Market Performance
Biomerica Inc (BMRA) has experienced a 11.68% rise in stock performance for the past week, with a 1.25% rise in the past month, and a -1.52% drop in the past quarter. The volatility ratio for the week is 9.94%, and the volatility levels for the past 30 days are at 13.38% for BMRA. The simple moving average for the past 20 days is 1.94% for BMRA’s stock, with a -31.51% simple moving average for the past 200 days.
Analysts’ Opinion of BMRA
Many brokerage firms have already submitted their reports for BMRA stocks, with Colliers Securities repeating the rating for BMRA by listing it as a “Buy.” The predicted price for BMRA in the upcoming period, according to Colliers Securities is $13 based on the research report published on November 10, 2020 of the previous year 2020.
B. Riley FBR Inc., on the other hand, stated in their research note that they expect to see BMRA reach a price target of $7.50. The rating they have provided for BMRA stocks is “Buy” according to the report published on January 04th, 2018.
BMRA Trading at -1.93% from the 50-Day Moving Average
After a stumble in the market that brought BMRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.93% of loss for the given period.
Volatility was left at 13.38%, however, over the last 30 days, the volatility rate increased by 9.94%, as shares surge +7.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.21% upper at present.
During the last 5 trading sessions, BMRA rose by +11.68%, which changed the moving average for the period of 200-days by -68.14% in comparison to the 20-day moving average, which settled at $0.3188. In addition, Biomerica Inc saw -74.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BMRA
Current profitability levels for the company are sitting at:
- -1.18 for the present operating margin
- 0.09 for the gross margin
The net margin for Biomerica Inc stands at -1.12. The total capital return value is set at -1.14. Equity return is now at value -76.48, with -58.44 for asset returns.
Based on Biomerica Inc (BMRA), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -15.06.
Currently, EBITDA for the company is -5.99 million with net debt to EBITDA at 0.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 3.55for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
To wrap up, the performance of Biomerica Inc (BMRA) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
