Biomerica Inc (NASDAQ:BMRA) has a beta value of -1.05 and has seen 0.51 million shares traded in the recent trading session. The company, currently valued at $6.98M, closed the recent trade at $0.37 per share which meant it gained $0.03 on the day or 8.79% during that session. The BMRA stock price is -264.86% off its 52-week high price of $1.35 and 35.14% above the 52-week low of $0.24. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.23 million shares traded. The 3-month trading volume is 906.59K shares.

Biomerica Inc (NASDAQ:BMRA) trade information

Sporting 8.79% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BMRA stock price touched $0.37 or saw a rise of 10.0%. Year-to-date, Biomerica Inc shares have moved 23.29%, while the 5-day performance has seen it change 17.31%. Over the past 30 days, the shares of Biomerica Inc (NASDAQ:BMRA) have changed -0.54%. Short interest in the company has seen 0.78 million shares shorted with days to cover at 0.37.

BMRA Dividends

Biomerica Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Biomerica Inc (NASDAQ:BMRA)’s Major holders

Insiders own 11.79% of the company shares, while shares held by institutions stand at 12.36% with a share float percentage of 14.02%. Investors are also buoyed by the number of investors in a company, with Biomerica Inc having a total of 29.0 institutions that hold shares in the company. The top two institutional holders are GRANAHAN INVESTMENT MANAGEMENT, LLC with over 0.86 million shares worth more than $0.38 million. As of 2024-06-30, GRANAHAN INVESTMENT MANAGEMENT, LLC held 5.1152% of shares outstanding.

The other major institutional holder is RUSSELL INVESTMENTS GROUP, LTD., with the holding of over 0.23 million shares as of 2024-06-30. The firm’s total holdings are worth over $99447.0 and represent 1.3442% of shares outstanding.