CorMedix Inc (NASDAQ: CRMD) Is A Good Bet For Risk-Tolerant Investors

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CorMedix Inc (NASDAQ:CRMD)’s traded shares stood at 0.9 million during the latest session, with the company’s beta value hitting 1.77. At the last check today, the stock’s price was $5.37, to imply a decrease of -1.00% or -$0.05 in intraday trading. The CRMD share’s 52-week high remains $7.00, putting it -30.35% down since that peak but still an impressive 52.14% since price per share fell to its 52-week low of $2.57. The company has a valuation of $295.02M, with an average of 560.67K shares over the past 3 months.

CorMedix Inc (NASDAQ:CRMD) trade information

After registering a -1.00% downside in the latest session, CorMedix Inc (CRMD) has traded red over the past five days. The stock hit a weekly high of 6.22, dropping -1.00% in its intraday price action. The 5-day price performance for the stock is -8.12%, and 41.21% over 30 days. With these gigs, the year-to-date price performance is 42.71%.

CorMedix Inc (CRMD) estimates and forecasts

Looking at statistics comparing CorMedix Inc share performance against respective industry, we note that the company has underperformed competitors. CorMedix Inc (CRMD) shares are 63.59% up over the last 6 months, with its year-to-date growth rate lower than industry average at 8.79% against 13.30%.

CRMD Dividends

CorMedix Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. CorMedix Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.