Biomerica Story

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BMRA -- USA Stock  

USD 7.10  0.07  1.00%

61% of stocks are less volatile than Biomerica, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. While some risk-loving traders are indifferent towards current market volatility, it is reasonable to go over the risk of investing in Biomerica. We will cover the possibilities of Biomerica's current volatility to continue through September. The current Biomerica risk factors may impact the value of the stock as we estimate Biomerica as currently undervalued. The real value is approaching 8.48 per share.
Published over three weeks ago
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Biomerica (NASDAQ:BMRA) high volatility trend continues
Biomerica currently holds roughly 2.39 M in cash with (1.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. On a scale of 0 to 100, Biomerica holds a performance score of 4. The firm shows a Beta (market volatility) of 0.1043, which signifies not very significant fluctuations relative to the market. Let's try to break down what Biomerica's beta means in this case. As returns on the market increase, Biomerica returns are expected to increase less than the market. However, during the bear market, the loss on holding Biomerica will be expected to be smaller as well. Although it is vital to follow Biomerica historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Biomerica technical indicators, you can presently evaluate if the expected return of 0.48% will be sustainable into the future. Please makes use of Biomerica downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to make a quick decision on whether Biomerica price patterns will revert.
Volatility is a rate at which the price of Biomerica or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Biomerica may increase or decrease. In other words, similar to Biomerica's beta indicator, it measures the risk of Biomerica and helps estimate the fluctuations that may happen in a short period of time. So if prices of Biomerica fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Biomerica's Liquidity

Biomerica financial leverage refers to using borrowed capital as a funding source to finance Biomerica ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Biomerica financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Biomerica's total debt and its cash.

How Biomerica utilizes its cash?

To perform a cash flow analysis of Biomerica, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Biomerica is receiving and how much cash it distributes out in a given period. The Biomerica cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Biomerica Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (4.3 Million)

Biomerica Volatility Drivers

Biomerica unsystematic risk is unique to Biomerica and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Biomerica you can also buy Dermtech. You can also mitigate this risk by investing in the diagnostics & research sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Biomerica important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Biomerica income statement and balance sheet. Here are more details about Biomerica volatility.
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Biomerica exotic insider transaction detected

Legal trades by Biomerica insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Biomerica insider trading alert for general transaction of non qualified stock option by Sloan Steven, Chief Financial Officer, on 3rd of September 2020. This event was filed by Biomerica Inc with SEC on 2020-09-03. Initial filing of beneficial ownership - SEC Form 3 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is driving Biomerica Investor Appetite?

The company reported the previous year's revenue of 5.13 M. Net Loss for the year was (2.64 M) with profit before overhead, payroll, taxes, and interest of 1.29 M.
 2017 2018 2019 2020 (projected)
Interest Expense37.047.042.343.42
Gross Profit1.75 M1.29 M1.16 M1.38 M

Will Biomerica investors exit after the slip?

Biomerica current variance builds up over 51.18. Biomerica is displaying above-average volatility over the selected time horizon. Investors should scrutinize Biomerica independently to ensure intended market timing strategies are aligned with expectations about Biomerica volatility.

Our Final Perspective on Biomerica

Whereas many of the other players in the diagnostics & research industry are either recovering or due for a correction, Biomerica may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 30th of August 2020, we believe that at this point, Biomerica is relatively risky with very small odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. However, our current 30 days buy-or-sell advice on the company is Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Biomerica. Please refer to our Terms of Use for any information regarding our disclosure principles.

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