Rockwell Medical, Inc. operates as an integrated biopharmaceutical company targeting end-stage renal and chronic kidney diseases in the United States and internationally. The company's lead drug includes Triferic, an iron maintenance therapy that replaces the iron lost by patients during hemodialysis treatment. It also provides Calcitriol, a generic active vitamin D injection, which is indicated for the treatment of secondary hyperparathyroidism in dialysis patients. In addition, the company manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, Renalpure powder bicarbonate concentrate, and SteriLyte liquid bicarbonate concentrate; and ancillary products, including blood tubings, fistula needles, specialized custom kits, dressings, cleaning agents, filtration salts, and other supplies used by hemodialysis providers. Its concentrated dialysate products are used to maintain human life by removing toxins and replacing critical nutrients in the dialysis patient's bloodstream. Rockwell Medical, Inc. sells its products directly, as well as through independent sales agents and distributors. The company's target customers include senior and operating management of dialysis companies, dialysis service providers, nephrologists, clinic administrators, nurses, medical directors, and technical and purchasing personnel. Rockwell Medical, Inc. was founded in 1995 and is based in Wixom, Michigan.
Industry, Sector and Symbol
Industry Electromedical equipment
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNASDAQ:RMTI
CUSIP77437410
Phone248-960-9009
Debt
Debt-to-Equity RatioN/A
Current Ratio5.25
Quick Ratio4.23
Price-To-Earnings
Trailing P/E Ratio-10.78
Forward P/E Ratio-14.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$57.30 million
Price / Sales4.97
Cash FlowN/A
Price / CashN/A
Book Value$0.64 per share
Price / Book8.59
Profitability
EPS (Most Recent Fiscal Year)($0.51)
Net Income$-25,920,000.00
Net Margins-48.06%
Return on Equity-76.49%
Return on Assets-45.06%
Miscellaneous
Employees300
Outstanding Shares51,770,000
Rockwell Medical (NASDAQ:RMTI) Frequently Asked Questions
What is Rockwell Medical's stock symbol?
Rockwell Medical trades on the NASDAQ under the ticker symbol "RMTI."
How were Rockwell Medical's earnings last quarter?
Rockwell Medical Inc (NASDAQ:RMTI) announced its earnings results on Thursday, May, 10th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm had revenue of $14.95 million for the quarter. Rockwell Medical had a negative net margin of 48.06% and a negative return on equity of 76.49%. View Rockwell Medical's Earnings History.
When is Rockwell Medical's next earnings date?
What price target have analysts set for RMTI?
1 analysts have issued 12-month price targets for Rockwell Medical's shares. Their forecasts range from $11.00 to $11.00. On average, they expect Rockwell Medical's share price to reach $11.00 in the next year. View Analyst Ratings for Rockwell Medical.
Who are some of Rockwell Medical's key competitors?
Some companies that are related to Rockwell Medical include Cutera (CUTR), Viewray (VRAY), Vision Sciences (CGNT), BioLife Solutions (BLFS), Helius Medical Technologies (HSDT), Fonar (FONR), Viveve Medical (VIVE), Second Sight Medical Products (EYES), Zynex Inc. common stock (ZYXI), Edap Tms (EDAP), Semler Scientific (SMLR), IRIDEX (IRIX), BioSig Technologies (BSGM), Soleno Therapeutics (SLNO) and Stereotaxis (STXS).
Who are Rockwell Medical's key executives?
Rockwell Medical's management team includes the folowing people:
- Mr. Robert L. Chioini, Founder & CEO (Age 53)
- Mr. Thomas E. Klema CPA, MBA, Chief Financial Officer, VP of Fin., Treasurer and Sec. (Age 64)
- Dr. Ajay Gupta M.D., Chief Scientific Officer and Member of Scientific Advisory Board (Age 60)
- Dr. Raymond Dennis Pratt M.D., FACP, Chief Medical Officer (Age 67)
Has Rockwell Medical been receiving favorable news coverage?
Media stories about RMTI stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rockwell Medical earned a news sentiment score of 0.24 on Accern's scale. They also assigned news articles about the company an impact score of 44.67 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Rockwell Medical's major shareholders?
Rockwell Medical's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include RICHMOND BROTHERS, INC. (10.80%) and Schwab Charles Investment Management Inc. (0.19%). Company insiders that own Rockwell Medical stock include David S Richmond and Kenneth L Holt. View Institutional Ownership Trends for Rockwell Medical.
Which institutional investors are buying Rockwell Medical stock?
How do I buy shares of Rockwell Medical?
Shares of RMTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rockwell Medical's stock price today?
One share of RMTI stock can currently be purchased for approximately $5.50.
How big of a company is Rockwell Medical?
Rockwell Medical has a market capitalization of $280.07 million and generates $57.30 million in revenue each year. The company earns $-25,920,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis. Rockwell Medical employs 300 workers across the globe.
How can I contact Rockwell Medical?
Rockwell Medical's mailing address is 30142 S WIXOM RD, WIXOM MI, 48393. The company can be reached via phone at 248-960-9009 or via email at [email protected]
MarketBeat Community Rating for Rockwell Medical (RMTI)
MarketBeat's community ratings are surveys of what our community members think about Rockwell Medical and other stocks. Vote "Outperform" if you believe RMTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RMTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
