Biomerica Stock Today

BMRA Stock  USD 0.32  0.02  5.88%   

Performance

0 of 100

 
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Odds Of Distress

Over 72

 
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High
Biomerica is trading at 0.32 as of the 22nd of November 2024, a 5.88 percent decrease since the beginning of the trading day. The stock's open price was 0.34. Biomerica has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Biomerica are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
3rd of January 2005
Category
Healthcare
Classification
Health Care
Biomerica, Inc., a biomedical technology company, develops, patents, manufactures, and markets diagnostic and therapeutic products for the detection andor treatment of medical conditions and diseases worldwide. Biomerica, Inc. was incorporated in 1971 and is headquartered in Irvine, California. The company has 16.82 M outstanding shares of which 562.41 K shares are currently shorted by private and institutional investors with about 2.28 trading days to cover. More on Biomerica

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Biomerica Stock Highlights

Chairman, CEO and PresZackary Irani
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.5852
Sufficiently Down
Slightly volatile
Gross Profit Margin0.110.1128
Fairly Down
Slightly volatile
Total Current Liabilities1.3 M2.2 M
Way Down
Slightly volatile
Total Assets7.4 M9.3 M
Significantly Down
Slightly volatile
Total Current AssetsM7.7 M
Significantly Down
Slightly volatile
Debt Levels
Biomerica can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Biomerica's financial leverage. It provides some insight into what part of Biomerica's total assets is financed by creditors.
Liquidity
Biomerica currently holds 785 K in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Biomerica has a current ratio of 5.12, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Biomerica's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(109,250)
Biomerica (BMRA) is traded on NASDAQ Exchange in USA. It is located in 17571 Von Karman Avenue, Irvine, CA, United States, 92614 and employs 64 people. Biomerica is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.46 M. Biomerica conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 16.82 M outstanding shares of which 562.41 K shares are currently shorted by private and institutional investors with about 2.28 trading days to cover. Biomerica currently holds about 6.08 M in cash with (5.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Biomerica Probability Of Bankruptcy
Ownership Allocation
Biomerica holds a total of 16.82 Million outstanding shares. Biomerica shows 7.22 percent of its outstanding shares held by insiders and 13.01 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Biomerica Ownership Details

Biomerica Stock Institutional Holders

InstituionRecorded OnShares
Goss Wealth Management Llc2024-06-30
32.7 K
Jane Street Group Llc2024-06-30
28 K
Heritage Investors Management Corp2024-09-30
21 K
Northern Trust Corp2024-09-30
20.7 K
Penn Capital Management Company Llc2024-09-30
20.6 K
Two Sigma Securities, Llc2024-06-30
18.9 K
Raymond James Finl Svs Advisors, Inc.2024-09-30
14.5 K
Hollencrest Securities, Llc2024-06-30
11.6 K
Wells Fargo & Co2024-06-30
6.6 K
Granahan Investment Management Inc..2024-06-30
860.5 K
Acadian Asset Management Llc2024-06-30
226.1 K
View Biomerica Diagnostics

Biomerica Historical Income Statement

At present, Biomerica's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 7.6 M, whereas Depreciation And Amortization is forecasted to decline to about 212 K. View More Fundamentals

Biomerica Stock Against Markets

Biomerica Corporate Management

When determining whether Biomerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biomerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomerica Stock:
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biomerica. If investors know Biomerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.327
Quarterly Revenue Growth
0.055
Return On Assets
(0.39)
Return On Equity
(0.76)
The market value of Biomerica is measured differently than its book value, which is the value of Biomerica that is recorded on the company's balance sheet. Investors also form their own opinion of Biomerica's value that differs from its market value or its book value, called intrinsic value, which is Biomerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biomerica's market value can be influenced by many factors that don't directly affect Biomerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biomerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.