NYSE:RMEDRA Medical Systems Stock Price, Forecast & News

RA Medical Systems' stock was trading at $1.2563 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RMED shares have decreased by 61.2% and is now trading at $0.4880. View which stocks have been most impacted by Coronavirus.

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.

RA Medical Systems is scheduled to release its next quarterly earnings announcement on Wednesday, November 25th 2020. View our earnings forecast for RA Medical Systems.

RA Medical Systems Inc (NYSE:RMED) posted its earnings results on Wednesday, May, 13th. The company reported ($0.56) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.22. The company earned $1.37 million during the quarter, compared to analyst estimates of $1.51 million. RA Medical Systems had a negative return on equity of 130.46% and a negative net margin of 732.37%. View RA Medical Systems' earnings history.

4 Wall Street analysts have issued 1 year price objectives for RA Medical Systems' stock. Their forecasts range from $1.00 to $3.00. On average, they anticipate RA Medical Systems' stock price to reach $1.75 in the next year. This suggests a possible upside of 258.6% from the stock's current price. View analysts' price targets for RA Medical Systems.

Media coverage about RMED stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RA Medical Systems earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutRA Medical Systems.

RA Medical Systems saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 196,700 shares, an increase of 108.1% from the April 30th total of 94,500 shares. Based on an average daily trading volume, of 104,900 shares, the short-interest ratio is presently 1.9 days. Currently, 2.4% of the company's shares are short sold. View RA Medical Systems' Current Options Chain.

Some companies that are related to RA Medical Systems include DarioHealth (DRIO), Biostage (BSTG), Atossa Genetics (ATOS), Interpace Diagnostics Group (IDXG), Titan Medical (TMDI), Endologix (ELGX), Avinger (AVGR), Dynatronics (DYNT), Sintx Technologies (SINT), Lianluo Smart (LLIT), Invivo Therapeutics (NVIV), Encision (ECIA), PlusTherapeuticsInc . (PSTV), Hancock Jaffe Laboratories (HJLI) and CELLECT BIOTECH/S (APOP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RA Medical Systems investors own include Corbus Pharmaceuticals (CRBP), Vaxart (VXRT), Amarin (AMRN), Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), Agile Therapeutics (AGRX), Nabriva Therapeutics (NBRV), VBI Vaccines (VBIV), vTv Therapeutics (VTVT) and Advanced Micro Devices (AMD).

(RMED) raised $50 million in an IPO on Thursday, September 27th 2018. The company issued 3,300,000 shares at a price of $14.00-$16.00 per share. Piper Jaffray and Cantor acted as the underwriters for the IPO and SunTrust Robinson Humphrey, Nomura and Maxim Group were co-managers.

RA Medical Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMED."

RA Medical Systems' stock is owned by many different retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (3.53%) and Bourne Lent Asset Management Inc. (1.53%). Company insiders that own RA Medical Systems stock include Andrew C Jackson, Dean Irwin, Jeffrey J Kraws and Martin Burstein. View institutional ownership trends for RA Medical Systems.

RMED stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc.. Company insiders that have sold RA Medical Systems company stock in the last year include Andrew C Jackson, Dean Irwin, Jeffrey J Kraws, and Martin Burstein. View insider buying and selling activity for RA Medical Systems.

RMED stock was acquired by a variety of institutional investors in the last quarter, including Bourne Lent Asset Management Inc.. View insider buying and selling activity for 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.

One share of RMED stock can currently be purchased for approximately $0.49.

RA Medical Systems has a market capitalization of $6.78 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.

The official website for RA Medical Systems is www.ramed.com.

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]