Investing In CorMedix Inc (NASDAQ: CRMD): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of CorMedix Inc is $649.85M. A total of 1.58 million shares were traded on the day, compared to an average of 1.05M shares.

In the most recent transaction, Mistry Erin bought 1,500 shares of CRMD for 9.99 per share on Oct 31 ’24. After the transaction, the EVP, Chief Commercial Officer now owns 52,011 company shares. In a previous transaction on Nov 14 ’24, Hurlburt Elizabeth sold 140,027 shares at 11.18 per share. CRMD shares that EVP owns now total 45,397.

Among the insiders who bought shares, Hurlburt Elizabeth acquired of 140,027 shares on Nov 14 ’24 at a per-share price of $11.12. In another insider transaction, Todisco Joseph bought 13,561 shares at $3.74 per share on Mar 13 ’24. Company shares held by the Chief Executive Officer now total 352,839.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CRMD has a high of $13.85 and a low of $3.03.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CRMD’s latest balance sheet shows that the firm has $65.47M in Cash & Short Term Investments as of fiscal 2021. There were $923.80k in debt and $5.35M in liabilities at the time. Its Book Value Per Share was $1.01, while its Total Shareholder’s Equity was $62.80M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRMD is Buy with a score of 4.67.

Most Popular

Related Posts