Ra Medical Systems Inc. (RMED): Deep Analysis of ATR Factor For RMED

Piper Jaffray announced it was Downgrade coverage of Ra Medical Systems Inc. in a research note on August 13, 2019. The analysts assigned a Neutral rating to the stock with a price target of $1.50. Maxim Group rated the stock as a Buy in a research noted published on November 02, 2018.

Mejia Richard Jr, the Director of Ra Medical Systems Inc., bought 50000.0 shares at the valuation of $0.60 during an exchange that occurred on Jun 12, which implies that Mejia Richard Jr is holding 88,085 shares at the estimation of $29,915 dependent on the most recent closing price.

In another transaction, on May 29, Director of Ra Medical Systems Inc., ENQUIST WILLIAM R, bought 50000.0 shares at the price of $0.47. After this activity, ENQUIST WILLIAM R now keeps 88,085 shares of Ra Medical Systems Inc., esteemed at $23,700 with the most recent shutting price.

RMED Recent Trade

The share price of RMED descended by -$0.05 during the exchanging session on 07/30/20 to exchange at $0.29. Ra Medical Systems Inc. stock has an exchanging volume of 22.98 million shares, which is high, contrasted with its 3-months average volume of 3.99M shares. Its market capitalization has now reached to $10.51M.

RMED Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, RMED price has dropped by -26.16%. In the course of past three months sees the stock go down around -71.23%, while it has lost -87.81% over the past six months and -74.54% since the start of the year.

RMED Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 1.37 billion, which was higher than the gauge of 550k made by certain experts. For that equivalent quarter, Ra Medical Systems Inc. posted -$0.56 earnings per share (EPS) which was underneath the consensus estimate of -$0.34 by -$0.22, which represents to a reduction by -64.70%.

RMED Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Ra Medical Systems Inc. has seen its stock exchanging -76.61% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +2.38% above its three-month low. A more extensive look sees RMED exchanging -90.28% beneath its 52-week high and -14.09% above from its 52-week low price.

RMED Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 13.06%, while it has a month to month instability of 9.26%. Ticker has an ATR (Average True Range) of 0.04.

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