KORU Medical Systems Inc (NASDAQ:KRMD) price on Thursday, July 03, fall -0.55% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.62.
A look at the stock’s price movement, the close in the last trading session was $3.64, moving within a range at $3.57 and $3.68. The beta value (5-Year monthly) was 0.43. Turning to its 52-week performance, $5.05 and $1.86 were the 52-week high and 52-week low respectively. Overall, KRMD moved 27.46% over the past month.
KORU Medical Systems Inc’s market cap currently stands at around $167.03 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KRMD is a 100% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend KRMD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KRMD’s current price about 7.91% and 18.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 66.17, while 7-day volatility ratio is 6.55% and 6.70% in the 30-day chart. Further, KORU Medical Systems Inc (KRMD) has a beta value of 0.47. Analysts have given the company’s stock an average 52-week price target of $3.25, forecast between a low of $3 and high of $3.5. Looking at the price targets, the low is 17.13% off current price level while to achieve the yearly target high, price needs to move 3.31%. Nonetheless, investors will most likely welcome a 10.22% jump to $3.25 which is the analysts’ median price.
If we refocus on KORU Medical Systems Inc (NASDAQ:KRMD), historical trading data shows that trading volumes averaged 0.74 over the past 10 days and 243.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 46.14 million shares.
The 4.85% of KORU Medical Systems Inc’s shares are in the hands of company insiders while institutional holders own 51.28% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.39 million on 2025-06-13, giving us a short ratio of 2.9. The data shows that as of 2025-06-13 short interest in KORU Medical Systems Inc (KRMD) stood at 126.0 of shares outstanding, with shares short rising to 0.34 million registered in 2025-05-15. Current price change has pushed the stock 54.04% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KRMD stock continues to rise going into the next quarter.
