In the past week, KRMD stock has gone up by 5.02%, with a monthly gain of 18.40% and a quarterly surge of 57.53%. The volatility ratio for the week is 6.31%, and the volatility levels for the last 30 days are 5.34% for KORU Medical Systems Inc The simple moving average for the past 20 days is 11.19% for KRMD’s stock, with a 61.27% simple moving average for the past 200 days.
Is It Worth Investing in KORU Medical Systems Inc (NASDAQ: KRMD) Right Now?
Moreover, the 36-month beta value for KRMD is 0.71. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KRMD is 42.83M and currently, short sellers hold a 0.86% of that float. On February 05, 2025, KRMD’s average trading volume was 102.84K shares.
KRMD) stock’s latest price update
The stock price of KORU Medical Systems Inc (NASDAQ: KRMD) has jumped by 9.52 compared to previous close of 4.20. Despite this, the company has seen a gain of 5.02% in its stock price over the last five trading days. zacks.com reported 2025-01-24 that Does KORU Medical Systems Inc. (KRMD) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Analysts’ Opinion of KRMD
Many brokerage firms have already submitted their reports for KRMD stocks, with B. Riley Securities repeating the rating for KRMD by listing it as a “Buy.” The predicted price for KRMD in the upcoming period, according to B. Riley Securities is $4 based on the research report published on July 25, 2024 of the previous year 2024.
Lake Street, on the other hand, stated in their research note that they expect to see KRMD reach a price target of $4. The rating they have provided for KRMD stocks is “Buy” according to the report published on September 07th, 2023.
B. Riley Securities gave a rating of “Buy” to KRMD, setting the target price at $4.50 in the report published on September 07th of the previous year.
KRMD Trading at 14.97% from the 50-Day Moving Average
After a stumble in the market that brought KRMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with 0.00% of loss for the given period.
Volatility was left at 5.34%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares surge +17.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.97% upper at present.
During the last 5 trading sessions, KRMD rose by +5.02%, which changed the moving average for the period of 200-days by +116.98% in comparison to the 20-day moving average, which settled at $4.14. In addition, KORU Medical Systems Inc saw 19.48% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KRMD
Current profitability levels for the company are sitting at:
- -0.22 for the present operating margin
- 0.61 for the gross margin
The net margin for KORU Medical Systems Inc stands at -0.37. The total capital return value is set at -0.33. Equity return is now at value -53.01, with -38.16 for asset returns.
Based on KORU Medical Systems Inc (KRMD), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04.
Currently, EBITDA for the company is -9.4 million with net debt to EBITDA at 0.74. When we switch over and look at the enterprise to sales, we see a ratio of 6.45. The receivables turnover for the company is 6.11for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.99.
Conclusion
To wrap up, the performance of KORU Medical Systems Inc (KRMD) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
