In today’s recent session, 0.72 million shares of the Biomerica Inc. (NASDAQ:BMRA) have been traded, and its beta is -1.12. Most recently the company’s share price was $0.34, and it changed around $0.03 or 8.07% from the last close, which brings the market valuation of the company to $5.65M. BMRA at last check was trading at a discount to its 52-week high of $2.13, offering almost -526.47% off that amount. The share price’s 52-week low was $0.24, which indicates that the recent value has risen by an impressive 29.41% since then. We note from Biomerica Inc.’s average daily trading volume that its 10-day average is 87040.0 shares, with the 3-month average coming to 362.72K.
Biomerica Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BMRA as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Biomerica Inc. is expected to report earnings per share of 0 for the current quarter.
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Biomerica Inc. (NASDAQ:BMRA) trade information
Instantly BMRA has been showing a green trend so far today with a performance of 8.07% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.3490 on recent trading dayincreased the stock’s daily price by 2.58%. The company’s shares are currently down -73.11% year-to-date, but still up 9.48% over the last five days. On the other hand, Biomerica Inc. (NASDAQ:BMRA) is -0.56% down in the 30-day period. We can see from the shorts that 0.37 million shares have been sold at a short interest cover period of 5.52 day(s).
Biomerica Inc. (NASDAQ:BMRA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.22% of Biomerica Inc. shares, and 17.12% of them are in the hands of institutional investors. The stock currently has a share float of 18.45%. Biomerica Inc. stock is held by 36.0 institutions, with GRANAHAN INVESTMENT MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 5.1152% of the shares, which is about 0.86 million shares worth $0.38 million.
RUSSELL INVESTMENTS GROUP, LTD., with 1.3442% or 0.23 million shares worth $99447.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.