KORU Medical Systems, Inc. (NASDAQ:KRMD – Get Rating) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 140,800 shares, a growth of 7.7% from the April 15th total of 130,700 shares. Based on an average trading volume of 41,700 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.4% of the company’s stock are short sold.
KORU Medical Systems Price Performance
Shares of NASDAQ:KRMD opened at $3.96 on Tuesday. The company’s fifty day moving average price is $4.00 and its 200 day moving average price is $3.64. KORU Medical Systems has a 12 month low of $1.82 and a 12 month high of $4.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.57 and a quick ratio of 4.11. The firm has a market capitalization of $180.63 million, a P/E ratio of -20.84 and a beta of 0.40.
KORU Medical Systems (NASDAQ:KRMD – Get Rating) last announced its quarterly earnings results on Wednesday, March 8th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.01. KORU Medical Systems had a negative net margin of 29.39% and a negative return on equity of 26.19%. The firm had revenue of $7.35 million for the quarter, compared to analyst estimates of $7.46 million. As a group, sell-side analysts predict that KORU Medical Systems will post -0.18 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
KORU Medical Systems Company Profile
KORU Medical Systems, Inc engages in the design, manufacture, and market of proprietary medical devices. Its product portfolio includes FREEDOM60, FreedomEdge syringe drivers, Precision Flow Rate Tubing, and HIgH-Flo Subcutaneous Safety Needle Sets. The company was founded by Andrew I. Sealfon and Adrian W.
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