Is Biomerica Inc (NASDAQ:BMRA) Worth A Patient Look At Current Prices?

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Biomerica Inc (NASDAQ:BMRA)’s traded shares stood at 0.59 million during the latest session, with the company’s beta value hitting -1.11. At the last check today, the stock’s price was $0.30, to imply a decrease of -17.06% or -$0.06 in intraday trading. The BMRA share’s 52-week high remains $2.13, putting it -610.0% down since that peak but still an impressive 20.0% since price per share fell to its 52-week low of $0.24. The company has a valuation of $5.03M, with an average of 4.34 million shares in intraday trading volume over the past 10 days and average of 830.93K shares over the past 3 months.

Biomerica Inc (NASDAQ:BMRA) trade information

After registering a -17.06% downside in the latest session, Biomerica Inc (BMRA) has traded red over the past five days. The 5-day price performance for the stock is -23.23%, and -16.25% over 30 days. With these gigs, the year-to-date price performance is -76.08%. Short interest in Biomerica Inc (NASDAQ:BMRA) saw shorts transact 0.37 million shares and set a 1.24 days time to cover.

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BMRA Dividends

Biomerica Inc has its next earnings report out in January. 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.

Biomerica Inc (NASDAQ:BMRA)’s Major holders

Biomerica Inc insiders hold 7.22% of total outstanding shares, with institutional holders owning 12.36% of the shares at 13.33% float percentage. In total, 12.36% institutions holds shares in the company, led by GRANAHAN INVESTMENT MANAGEMENT, LLC. As of 2024-06-30, the company held over 0.86 million shares (or 5.1152% of shares), all amounting to roughly $0.38 million.

The next major institution holding the largest number of shares is RUSSELL INVESTMENTS GROUP, LTD. with 0.23 million shares, or about 1.3442% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $99447.0.