Rockwell Medical Stock Today

RMTI Stock  USD 2.20  0.13  5.58%   

Performance

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Odds Of Distress

Over 84

 
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Rockwell Medical is trading at 2.20 as of the 22nd of November 2024. This is a 5.58 percent decrease since the beginning of the trading day. The stock's open price was 2.33. Rockwell Medical 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 Rockwell Medical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
27th of January 1998
Category
Healthcare
Classification
Health Care
Rockwell Medical, Inc., together with its subsidiaries, operates as a biopharmaceutical company that targets end-stage renal disease and chronic kidney disease with therapies and products for the treatment of iron deficiency and hemodialysis in the United States and internationally. The company has 32.32 M outstanding shares of which 893.87 K shares are at this time shorted by private and institutional investors with about 1.51 trading days to cover. More on Rockwell Medical

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Rockwell Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentMark Strobeck
Business ConcentrationHealth Care Equipment & Supplies, Drug Manufacturers - Specialty & Generic, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.761.6026
Significantly Up
Very volatile
Total Current Liabilities9.7 M16.6 M
Way Down
Pretty Stable
Non Current Liabilities Total9.8 M14.2 M
Way Down
Slightly volatile
Total Assets37.3 M52.2 M
Way Down
Pretty Stable
Total Current Assets31.1 M28.8 M
Significantly Up
Very volatile
Debt Levels
Rockwell Medical 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 Rockwell Medical's financial leverage. It provides some insight into what part of Rockwell Medical's total assets is financed by creditors.
Liquidity
Rockwell Medical currently holds 13.44 M in liabilities with Debt to Equity (D/E) ratio of 1.38, which is about average as compared to similar companies. Rockwell Medical has a current ratio of 2.15, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Rockwell Medical's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(9,500)
Rockwell Medical (RMTI) is traded on NASDAQ Exchange in USA. It is located in 30142 South Wixom road, Wixom, MI, United States, 48393 and employs 237 people. Rockwell Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 75.3 M. Rockwell Medical conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 32.32 M outstanding shares of which 893.87 K shares are at this time shorted by private and institutional investors with about 1.51 trading days to cover. Rockwell Medical currently holds about 27.56 M in cash with (9.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Rockwell Medical Probability Of Bankruptcy
Ownership Allocation
Rockwell Medical owns a total of 32.32 Million outstanding shares. Rockwell Medical holds 12.33 pct. of its outstanding shares held by insiders and 21.26 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rockwell Ownership Details

Rockwell Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
78.2 K
Bailard Inc2024-09-30
72.8 K
Northern Trust Corp2024-09-30
63.4 K
Hillsdale Investment Management Inc.2024-09-30
60.8 K
Millennium Management Llc2024-06-30
47.8 K
Wealthtrust Axiom Llc2024-09-30
38 K
Baader Bank Inc2024-09-30
35.8 K
Hightower Advisors, Llc2024-06-30
32.7 K
Susquehanna International Group, Llp2024-06-30
28.8 K
Armistice Capital, Llc2024-06-30
3.2 M
Vanguard Group Inc2024-09-30
1.2 M
View Rockwell Medical Diagnostics

Rockwell Medical Historical Income Statement

As of now, Rockwell Medical's Selling General Administrative is increasing as compared to previous years. The Rockwell Medical's current Interest Income is estimated to increase to about 257.7 K, while Depreciation And Amortization is projected to decrease to under 1 M. View More Fundamentals

Rockwell Stock Against Markets

Rockwell Medical Corporate Management

Megan TimminsChief VPProfile
David KullPrincipal Accounting OfficerProfile
Jason FinkelsteinInvestor RepresentativeProfile
Marc MDChief OfficerProfile
Jesse NeriSenior FinanceProfile
When determining whether Rockwell Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rockwell Medical'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 Rockwell Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rockwell Medical Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockwell Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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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 Rockwell Medical. If investors know Rockwell 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 Rockwell Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
3.041
Quarterly Revenue Growth
0.429
Return On Assets
(0.04)
Return On Equity
(0.29)
The market value of Rockwell Medical is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Medical's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Medical'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 Rockwell Medical's market value can be influenced by many factors that don't directly affect Rockwell Medical'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 Rockwell Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Medical'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.