A share price of Biomerica Inc [BMRA] is currently trading at $0.84, down -5.73%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BMRA shares have gain 7.88% over the last week, with a monthly amount glided 34.24%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Biomerica Inc [NASDAQ: BMRA] stock has seen the most recent analyst activity on November 10, 2020, when Colliers Securities initiated its Buy rating and assigned the stock a price target of $13. Previously, B. Riley FBR Inc. started tracking the stock with Buy rating on January 04, 2018, and set its price target to $7.50.
Biomerica Inc experienced fluctuations in its stock price throughout the past year between $0.24 and $1.35. Biomerica Inc [NASDAQ: BMRA] shares were valued at $0.84 at the most recent close of the market.
Analyzing the BMRA fundamentals
Trailing Twelve Months sales for Biomerica Inc [NASDAQ:BMRA] were 5.58M which represents 4.40% growth. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -1.06%, Pretax Profit Margin comes in at -1.0%, and Net Profit Margin reading is -1.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.77, Equity is -0.9 and Total Capital is -1.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7827 points at the first support level, and at 0.7263 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9427, and for the 2nd resistance point, it is at 1.0463.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Biomerica Inc [NASDAQ:BMRA] is 3.17. As well, the Quick Ratio is 2.22, while the Cash Ratio is 1.26. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 3.01.
