With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. The 52-week range on CRMD shows that it touched its highest point at $13.85 and its lowest point at $3.03 during that stretch. It currently has a 1-year price target of $16.83. Beta for the stock currently stands at 1.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRMD was down-trending over the past week, with a drop of -4.28%, but this was down by -4.09% over a month. Three-month performance dropped to -1.30% while six-month performance rose 62.27%. The stock gained 178.25% in the past year, while it has gained 21.60% so far this year. A look at the trailing 12-month EPS for CRMD yields -0.80 with Next year EPS estimates of 0.50. For the next quarter, that number is 0.12. This implies an EPS growth rate of 54.95% for this year and 221.54% for next year.
Float and Shares Shorts:
At present, 60.68 million CRMD shares are outstanding with a float of 59.25 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRMD since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.37691 being high and -$0.48737 being low. For CRMD, this leads to a yearly average estimate of -$0.41. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.15.
Summary of Insider Activity:
Insiders traded CRMD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
