NYSE:RMEDRA Medical Systems Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding RA Medical Systems Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.12 0.00 (0.00 %) (As of 04/9/2020 04:00 PM ET) Add Compare Share Today's Range$1.05Now: $1.12▼$1.2450-Day Range$1.00MA: $1.34▼$1.9552-Week Range$0.70Now: $1.12▼$5.80Volume8,984 shsAverage Volume28,756 shsMarket Capitalization$15.42 millionP/E RatioN/ADividend YieldN/ABeta1.88 ProfileAnalyst RatingsAdvanced ChartEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Ra Medical Systems, Inc., a commercial-stage medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological diseases. The company offers DABRA (destruction of arteriosclerotic blockages by laser radiation ablation), a minimally-invasive excimer laser and disposable catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease. It also provides Pharos, an excimer laser device that emits highly concentrated ultraviolet light used in the treatment of dermatological skin disorders. The company sells its products primarily through its direct sales force in the United States. Ra Medical Systems, Inc. was founded in 2002 and is headquartered in Carlsbad, California.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingRA Medical Systems has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.88, RA Medical Systems has a potential upside of 67.4% from its current price of $1.12.Amount of Analyst CoverageRA Medical Systems has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesRA Medical Systems has received 69 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRA Medical Systems has received 101 “underperform” votes. (Add your “underperform” vote.)Community SentimentRA Medical Systems has received 59.41% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about RA Medical Systems and other stocks. Vote “Outperform” if you believe RMED will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RMED will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldRA Medical Systems does not currently pay a dividend.Dividend GrowthRA Medical Systems does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RA Medical Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $24,476.00 in company stock.Percentage Held by InsidersOnly 25.20% of the stock of RA Medical Systems is held by insiders.Percentage Held by InstitutionsOnly 17.78% of the stock of RA Medical Systems is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for RA Medical Systems are expected to decrease by -43.71% in the coming year, from ($1.67) to ($0.94) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RA Medical Systems is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of RA Medical Systems is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRA Medical Systems has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.15 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNYSE:RMED Previous Symbol CUSIPN/A CIKN/A Webhttp://www.ramed.com/ Phone760-804-1648Debt Debt-to-Equity Ratio0.09 Current Ratio5.28 Quick Ratio4.88Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$7.20 million Price / Sales2.14 Cash FlowN/A Price / Cash FlowN/A Book Value$2.47 per share Price / Book0.45Profitability EPS (Most Recent Fiscal Year)($4.33) Net Income$-56,960,000.00 Net Margins-791.18% Return on Equity-122.11% Return on Assets-99.13%Miscellaneous Employees95 Outstanding Shares13,770,000Market Cap$15.42 million Next Earnings Date5/11/2020 (Estimated) OptionableNot Optionable Receive RMED News and Ratings via Email Sign-up to receive the latest news and ratings for RMED and its competitors with MarketBeat's FREE daily newsletter. RMED Rates by TradingView RA Medical Systems (NYSE:RMED) Frequently Asked Questions How has RA Medical Systems' stock been impacted by COVID-19 (Coronavirus)? RA Medical Systems' stock was trading at $1.2563 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RMED stock has decreased by 10.8% and is now trading at $1.12. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of RA Medical Systems? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RA Medical Systems in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RA Medical Systems. When is RA Medical Systems' next earnings date? RA Medical Systems is scheduled to release its next quarterly earnings announcement on Monday, May 11th 2020. View our earnings forecast for RA Medical Systems. How were RA Medical Systems' earnings last quarter? RA Medical Systems Inc (NYSE:RMED) posted its earnings results on Tuesday, March, 10th. The company reported ($0.72) EPS for the quarter, topping the Zacks' consensus estimate of ($1.19) by $0.47. The business earned $1.39 million during the quarter, compared to the consensus estimate of $2.03 million. RA Medical Systems had a negative return on equity of 122.11% and a negative net margin of 791.18%. View RA Medical Systems' earnings history. What price target have analysts set for RMED? 4 analysts have issued twelve-month target prices for RA Medical Systems' shares. Their forecasts range from $1.50 to $3.00. On average, they expect RA Medical Systems' share price to reach $1.88 in the next year. This suggests a possible upside of 67.4% from the stock's current price. View analysts' price targets for RA Medical Systems. Has RA Medical Systems been receiving favorable news coverage? News articles about RMED stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. RA Medical Systems earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutRA Medical Systems. Are investors shorting RA Medical Systems? RA Medical Systems saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 118,600 shares, a decrease of 16.7% from the February 13th total of 142,400 shares. Based on an average trading volume of 79,900 shares, the short-interest ratio is currently 1.5 days. Approximately 1.6% of the shares of the company are short sold. View RA Medical Systems' Current Options Chain. Who are some of RA Medical Systems' key competitors? Some companies that are related to RA Medical Systems include Pro-Dex (PDEX), SANUWAVE Health (SNWV), Nephros (NEPH), Nephros (NEPHD), Apollo Endosurgery (APEN), Delcath Systems (DCTH), Sensus Healthcare (SRTS), Arch Therapeutics (ARTH), Biostage (BSTG), Neuronetics (STIM), STRATA Skin Sciences (SSKN), Invo Bioscience (IVOB), T2 Biosystems (TTOO), Motus GI (MOTS) and Interpace Diagnostics Group (IDXG). What other stocks do shareholders of RA Medical Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other RA Medical Systems investors own include Corbus Pharmaceuticals (CRBP), Agile Therapeutics (AGRX), Amarin (AMRN), Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), vTv Therapeutics (VTVT), Vaxart (VXRT), Advanced Micro Devices (AMD), Crispr Therapeutics (CRSP) and VBI Vaccines (VBIV). Who are RA Medical Systems' key executives? RA Medical Systems' management team includes the following people: Mr. Dean Irwin, CEO, Chief Technology Officer & Chairman of Director (Age 56)Mr. Jeffrey Jay Kraws, Pres (Age 55)Ms. Melissa Burstein, Exec. VP & Director (Age 43)Mr. Richard Heymann, Director of Corp. Strategy & Bus. Devel. (Age 64)Mr. Andrew C. Jackson, Chief Financial Officer (Age 50) When did RA Medical Systems IPO? (RMED) raised $50 million in an initial public offering on Thursday, September 27th 2018. The company issued 3,300,000 shares at $14.00-$16.00 per share. Piper Jaffray and Cantor served as the underwriters for the IPO and SunTrust Robinson Humphrey, Nomura and Maxim Group were co-managers. What is RA Medical Systems' stock symbol? RA Medical Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMED." How do I buy shares of RA Medical Systems? Shares of RMED 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, Robinhood, Fidelity, and Charles Schwab. What is RA Medical Systems' stock price today? One share of RMED stock can currently be purchased for approximately $1.12. How big of a company is RA Medical Systems? RA Medical Systems has a market capitalization of $15.42 million and generates $7.20 million in revenue each year. The company earns $-56,960,000.00 in net income (profit) each year or ($4.33) on an earnings per share basis. RA Medical Systems employs 95 workers across the globe. View additional information about RA Medical Systems. What is RA Medical Systems' official website? The official website for RA Medical Systems is http://www.ramed.com/. How can I contact RA Medical Systems? RA Medical Systems' mailing address is 2070 Las Palmas Drive, Carlsbad CA, 92011. The company can be reached via phone at 760-804-1648 or via email at [email protected] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Investing in Blue-Chip Stocks
