In today’s recent session, 0.44 million shares of the Biomerica Inc (NASDAQ:BMRA) have been traded, and its beta is 0.32. Most recently the company’s share price was $0.42, and it changed around -$0.15 or -26.32% from the last close, which brings the market valuation of the company to $8.55M. BMRA at last check was trading at a discount to its 52-week high of $1.27, offering almost -202.38% off that amount. The share price’s 52-week low was $0.24, which indicates that the recent value has risen by an impressive 42.86% since then. We note from Biomerica Inc’s average daily trading volume that its 10-day average is 0.12 million shares, with the 3-month average coming to 7.40 million.
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.
Biomerica Inc (NASDAQ:BMRA) trade information
Instantly BMRA has been showing red trend so far today with a performance of -26.32% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6100 on recent trading dayincreased the stock’s daily price by 31.15%. The company’s shares are currently up 39.92% year-to-date, but still down -21.97% over the last five days. On the other hand, Biomerica Inc (NASDAQ:BMRA) is -36.12% down in the 30-day period. We can see from the shorts that 0.19 million shares have been sold at a short interest cover period of 0.9 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -6.47%.
BMRA Dividends
Biomerica Inc’s next quarterly earnings report is expected to be released in May.
Biomerica Inc (NASDAQ:BMRA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.82% of Biomerica Inc shares, and 10.67% of them are in the hands of institutional investors. The stock currently has a share float of 11.96%. Biomerica Inc stock is held by 24.0 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.
JNL Series Trust-JNL Multi-Manager Small Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 293.3 shares worth $0.12 million, making up 1.60% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 169.01 shares worth around $68584.0, which represents about 0.92% of the total shares outstanding.
