In last trading session, CorMedix Inc (NASDAQ:CRMD) saw 1.43 million shares changing hands with its beta currently measuring 1.64. Company’s recent per share price level of $14.97 trading at -$0.75 or -4.77% at ring of the bell on the day assigns it a market valuation of $1.02B. That closing price of CRMD’s stock is at a discount of -16.43% from its 52-week high price of $17.43 and is indicating a premium of 75.89% from its 52-week low price of $3.61.
For CorMedix Inc (CRMD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
CorMedix Inc (NASDAQ:CRMD) trade information
Upright in the red during last session for losing -4.77%, in the last five days CRMD remained trading in the green while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $14.97 price level, adding 14.11% to its value on the day. CorMedix Inc’s shares saw a change of 241.00% in year-to-date performance and have moved 7.39% in past 5-day. CorMedix Inc (NASDAQ:CRMD) showed a performance of 21.12% in past 30-days.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a fall of -66.33% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would jump 39.88% in reaching the projected high whereas dropping to the targeted low would mean a gain of 39.88% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 29.80% during past 5 years.
CorMedix Inc (NASDAQ:CRMD)’s Major holders
BLACKROCK INC. is the top institutional holder at CRMD for having 3.55 million shares of worth $15.39 million. And as of 2024-06-30, it was holding 6.167 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.9 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.0373 of outstanding shares, having a total worth of $12.57 million.
