With 1.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.85 million shares. The 52-week range on CRMD shows that it touched its highest point at $13.85 and its lowest point at $3.61 during that stretch. It currently has a 1-year price target of $16.83. Beta for the stock currently stands at 1.66.
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 up-trending over the past week, with a rise of 7.50%, but this was up by 66.23% over a month. Three-month performance surged to 19.94% while six-month performance rose 12.33%. The stock gained 142.86% in the past year, while it has gained 57.41% so far this year. A look at the trailing 12-month EPS for CRMD yields 0.23 with Next year EPS estimates of 1.51. For the next quarter, that number is 0.12. This implies an EPS growth rate of 365.00% for this year and 89.73% for next year.
Float and Shares Shorts:
At present, 67.71 million CRMD shares are outstanding with a float of 65.96 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 -$0.30344 being high and -$0.46443 being low. For CRMD, this leads to a yearly average estimate of -$0.38429.
