Biomerica Stock Price History

BMRA Stock  USD 0.72  0.01  1.37%   
Below is the normalized historical share price chart for Biomerica extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Biomerica stands at 0.72, as last reported on the 23rd of April, with the highest price reaching 0.78 and the lowest price hitting 0.72 during the day.
IPO Date
3rd of January 2005
200 Day MA
1.0424
50 Day MA
0.9794
Beta
(1.04)
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Biomerica Stock, it is important to understand the factors that can impact its price. Biomerica secures Sharpe Ratio (or Efficiency) of -0.0828, which signifies that the company had a -0.0828% return per unit of risk over the last 3 months. Biomerica exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biomerica's Risk Adjusted Performance of (0.03), mean deviation of 3.15, and Standard Deviation of 4.23 to double-check the risk estimate we provide.
  
At present, Biomerica's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 17.1 M, whereas Common Stock Total Equity is forecasted to decline to about 622.7 K. . At present, Biomerica's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.33, whereas Price To Sales Ratio is forecasted to decline to 2.75. Biomerica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0828

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Estimated Market Risk

 4.24
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Biomerica is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Biomerica by adding Biomerica to a well-diversified portfolio.
Price Book
1.4844
Enterprise Value Ebitda
(1.29)
Price Sales
2.5757
Shares Float
15.6 M
Wall Street Target Price
13

Biomerica Stock Price History Chart

There are several ways to analyze Biomerica Stock price data. The simplest method is using a basic Biomerica candlestick price chart, which shows Biomerica price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 23, 20241.29
Lowest PriceApril 22, 20240.72

Biomerica April 23, 2024 Stock Price Synopsis

Various analyses of Biomerica's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Biomerica Stock. It can be used to describe the percentage change in the price of Biomerica from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Biomerica Stock.
Biomerica Price Rate Of Daily Change 0.99 
Biomerica Accumulation Distribution 3,735 
Biomerica Price Daily Balance Of Power(0.17)
Biomerica Price Action Indicator(0.04)

Biomerica April 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Biomerica Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Biomerica intraday prices and daily technical indicators to check the level of noise trading in Biomerica Stock and then apply it to test your longer-term investment strategies against Biomerica.

Biomerica Stock Price History Data

The price series of Biomerica for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 0.57 with a coefficient of variation of 15.17. The prices are distributed with arithmetic mean of 0.96. The median price for the last 90 days is 0.93. The company had 1:2 stock split on 14th of November 1994.
OpenHighLowCloseVolume
04/23/2024 0.77  0.78  0.72  0.72  48,550 
04/22/2024 0.73  0.76  0.70  0.72  59,331 
04/19/2024 0.75  0.77  0.73  0.73  35,160 
04/18/2024 0.75  0.81  0.74  0.76  54,965 
04/17/2024 0.76  0.79  0.75  0.75  35,885 
04/16/2024 0.79  0.81  0.73  0.74  63,942 
04/15/2024 0.82  0.83  0.77  0.77  132,974 
04/12/2024 0.84  0.85  0.81  0.83  63,909 
04/11/2024 0.81  0.89  0.81  0.81  280,573 
04/10/2024 0.81  0.88  0.81  0.81  25,811 
04/09/2024 0.81  0.85  0.81  0.83  26,508 
04/08/2024 0.86  0.89  0.81  0.81  52,588 
04/05/2024 0.84  0.88  0.82  0.84  80,407 
04/04/2024 0.84  0.85  0.82  0.84  20,396 
04/03/2024 0.84  0.88  0.82  0.83  38,374 
04/02/2024 0.85  0.91  0.83  0.86  78,192 
04/01/2024 0.89  0.91  0.84  0.85  61,934 
03/28/2024 0.91  0.95  0.82  0.83  83,983 
03/27/2024 0.85  0.90  0.85  0.89  62,683 
03/26/2024 0.85  0.91  0.84  0.89  50,555 
03/25/2024 0.88  0.96  0.84  0.87  134,018 
03/22/2024 1.01  1.04  0.85  0.89  147,710 
03/21/2024 1.08  1.08  0.99  1.00  21,039 
03/20/2024 1.10  1.19  1.03  1.08  40,467 
03/19/2024 1.08  1.14  1.06  1.11  24,233 
03/18/2024 1.06  1.13  1.05  1.08  17,867 
03/15/2024 1.03  1.08  1.03  1.06  21,074 
03/14/2024 1.08  1.08  1.00  1.03  37,556 
03/13/2024 1.02  1.06  1.01  1.02  30,027 
03/12/2024 1.06  1.09  1.01  1.02  26,441 
03/11/2024 1.09  1.10  1.03  1.05  29,383 
03/08/2024 1.14  1.16  1.08  1.09  39,633 
03/07/2024 1.16  1.19  1.12  1.14  16,009 
03/06/2024 1.20  1.24  1.17  1.17  47,637 
03/05/2024 1.22  1.25  1.20  1.21  17,692 
03/04/2024 1.19  1.25  1.19  1.22  20,760 
03/01/2024 1.22  1.24  1.18  1.20  30,630 
02/29/2024 1.21  1.24  1.21  1.22  15,936 
02/28/2024 1.25  1.27  1.21  1.23  29,254 
02/27/2024 1.22  1.34  1.20  1.25  60,913 
02/26/2024 1.30  1.33  1.13  1.21  96,551 
02/23/2024 1.16  1.35  1.15  1.29  206,934 
02/22/2024 1.09  1.16  1.04  1.15  113,620 
02/21/2024 1.05  1.09  1.03  1.08  53,398 
02/20/2024 1.06  1.06  1.01  1.02  50,023 
02/16/2024 0.98  1.08  0.97  1.06  109,750 
02/15/2024 0.96  0.99  0.94  0.97  37,178 
02/14/2024 1.00  1.02  0.95  0.99  58,133 
02/13/2024 0.97  1.01  0.95  0.99  79,600 
02/12/2024 0.92  0.99  0.90  0.95  30,282 
02/09/2024 0.85  0.94  0.83  0.93  34,508 
02/08/2024 0.85  0.89  0.81  0.85  63,438 
02/07/2024 0.84  0.93  0.84  0.86  129,194 
02/06/2024 0.86  0.88  0.84  0.86  32,321 
02/05/2024 0.90  0.90  0.83  0.83  93,556 
02/02/2024 0.92  0.93  0.90  0.91  36,043 
02/01/2024 0.93  0.96  0.90  0.91  52,135 
01/31/2024 0.91  0.94  0.91  0.93  17,527 
01/30/2024 0.93  0.96  0.89  0.93  44,827 
01/29/2024 0.89  0.96  0.89  0.96  38,698 
01/26/2024 0.92  0.92  0.88  0.90  36,589 

About Biomerica Stock history

Biomerica investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Biomerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biomerica will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Biomerica stock prices may prove useful in developing a viable investing in Biomerica
Last ReportedProjected for Next Year
Common Stock Shares Outstanding16.3 M17.1 M
Net Loss-6.4 M-6.1 M

Biomerica Quarterly Net Working Capital

6.86 Million

Biomerica Stock Technical Analysis

Biomerica technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Biomerica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Biomerica trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Biomerica Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Biomerica's price direction in advance. Along with the technical and fundamental analysis of Biomerica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biomerica to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Biomerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biomerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biomerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biomerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Biomerica Stock analysis

When running Biomerica's price analysis, check to measure Biomerica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biomerica is operating at the current time. Most of Biomerica's value examination focuses on studying past and present price action to predict the probability of Biomerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomerica's price. Additionally, you may evaluate how the addition of Biomerica to your portfolios can decrease your overall portfolio volatility.
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Is Biomerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biomerica. If investors know Biomerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.323
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.43)
Return On Equity
(0.92)
The market value of Biomerica is measured differently than its book value, which is the value of Biomerica that is recorded on the company's balance sheet. Investors also form their own opinion of Biomerica's value that differs from its market value or its book value, called intrinsic value, which is Biomerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biomerica's market value can be influenced by many factors that don't directly affect Biomerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biomerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.