- CRMD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.0 million.
- CRMD has traded 236,376 shares today.
- CRMD is trading at 2.22 times the normal volume for the stock at this time of day.
- CRMD is trading at a new low 6.27% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CRMD with the Ticky from Trade-Ideas. See the FREE profile for CRMD NOW at Trade-Ideas
- Net operating cash flow has significantly decreased to -$1.57 million or 70.34% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- The company, on the basis of net income growth from the same quarter one year ago, has significantly underperformed compared to the Biotechnology industry average, but is greater than that of the S&P 500. The net income increased by 35.5% when compared to the same quarter one year prior, rising from -$3.44 million to -$2.21 million.
- CORMEDIX INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, CORMEDIX INC reported poor results of -$1.24 versus -$0.67 in the prior year. This year, the market expects an improvement in earnings (-$0.45 versus -$1.24).
- Compared to other companies in the Biotechnology industry and the overall market, CORMEDIX INC's return on equity significantly trails that of both the industry average and the S&P 500.
- CRMD has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 3.10, which clearly demonstrates the ability to cover short-term cash needs.
- You can view the full Cormedix Ratings Report.
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