CorMedix Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 66 out of 159 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 16.86.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
CorMedix Inc's Score
Industry at a Glance
Industry Ranking
66 / 159
Overall Ranking
178 / 4555
Industry
Pharmaceuticals
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
CorMedix Inc Highlights
StrengthsRisks
CorMedix Inc. is a biopharmaceutical company. The Company is focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases. The Company is focused on commercializing its lead product, DefenCath, which is an antimicrobial catheter lock solution approved to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure receiving chronic hemodialysis through a central venous catheter. DefenCath is a formulation of taurolidine 13.5 milligrams per milliliter (mg/mL), and heparin 1000 USP Units/mL indicated to reduce the incidence of catheter-related bloodstream infections (CRBSI) in adult patients with kidney failure receiving chronic hemodialysis through a central venous catheter (CVC). The Company is also commercializing a portfolio of anti-infective products including MINOCIN, REZZAYO, VABOMERE, ORBACTIV, BAXDELA, and KIMYRSA, as well as TOPROL-XL.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 66363.08% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 43.47M.
Overvalued
The company’s latest PE is 2.99, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 48.63M shares, increasing 7.51% quarter-over-quarter.
CorMedix Inc. is a biopharmaceutical company. The Company is focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases. The Company is focused on commercializing its lead product, DefenCath, which is an antimicrobial catheter lock solution approved to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure receiving chronic hemodialysis through a central venous catheter. DefenCath is a formulation of taurolidine 13.5 milligrams per milliliter (mg/mL), and heparin 1000 USP Units/mL indicated to reduce the incidence of catheter-related bloodstream infections (CRBSI) in adult patients with kidney failure receiving chronic hemodialysis through a central venous catheter (CVC). The Company is also commercializing a portfolio of anti-infective products including MINOCIN, REZZAYO, VABOMERE, ORBACTIV, BAXDELA, and KIMYRSA, as well as TOPROL-XL.
Ticker SymbolCRMD
CompanyCorMedix Inc
CEOTodisco (Joseph)
Websitehttps://cormedix.com/
FAQs
What is the current price of CorMedix Inc (CRMD)?
The current price of CorMedix Inc (CRMD) is 7.090.
What is the symbol of CorMedix Inc?
The ticker symbol of CorMedix Inc is CRMD.
What is the 52-week high of CorMedix Inc?
The 52-week high of CorMedix Inc is 17.430.
What is the 52-week low of CorMedix Inc?
The 52-week low of CorMedix Inc is 5.600.
What is the market capitalization of CorMedix Inc?
The market capitalization of CorMedix Inc is 555.49M.
What is the net income of CorMedix Inc?
The net income of CorMedix Inc is -17.93M.
Is CorMedix Inc (CRMD) currently rated as Buy, Hold, or Sell?
According to analysts, CorMedix Inc (CRMD) has an overall rating of Buy, with a price target of 16.857.
What is the Earnings Per Share (EPS TTM) of CorMedix Inc (CRMD)?
The Earnings Per Share (EPS TTM) of CorMedix Inc (CRMD) is 2.374.