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Biomerica, Inc is currently in a long term downtrend where the price is trading 36.4% below its 200 day moving average.
From a valuation standpoint, the stock is 99.3% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 9.9.
Biomerica, Inc's total revenue sank by 14.0% to $1M since the same quarter in the previous year.
Its net income has increased by 99.7% to $-1K since the same quarter in the previous year.
Finally, its free cash flow fell by 706.2% to $-3M since the same quarter in the previous year.
Based on the above factors, Biomerica, Inc gets an overall score of 2/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US09061H3075 |
Sector | Healthcare |
Industry | Medical Devices |
Dividend Yield | None |
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Target Price | 13 |
Beta | 0.33 |
Market Cap | 8M |
Biomerica, Inc., a biomedical technology company, engages in developing, patenting, manufacturing, and marketing diagnostic and therapeutic products for the detection and treatment of medical conditions and diseases worldwide. The company's diagnostic test kits are used to analyze blood, urine, nasal or fecal specimens from patients in the diagnosis of various diseases, food intolerances, and other medical complications, as well as to measure the levels of specific bacteria, hormones, antibodies, antigens, and other substances which may exist in the human body, stools, or blood in extremely small concentrations. It primarily sells its products for treating gastrointestinal diseases and food intolerances, as well as various esoteric tests at the physicians' offices and over-the-counter drugstores, and hospital/clinical laboratories. The company is also involved in the development of InFoods IBS, that uses a simple blood sample to identify patient-specific foods which may alleviate irritable bowel syndrome symptoms; and hp+detect, a H. Pylori diagnostic test that indicates if a patient is infected with the H. Pylori bacteria. In addition, it develops, markets, and sells COVID-19 diagnostic tests to indicate if a person has been infected by COVID-19. The company was incorporated in 1971 and is headquartered in Irvine, California.
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