Overall market sentiment has been high on Biomerica, Inc. (BMRA) stock lately. BMRA receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With BMRA Stock Today?
Biomerica, Inc. (BMRA) stock is lower by -11.88% while the S&P 500 has gained 0.13% as of 10:03 AM on Friday, Jun 11. BMRA is lower by -$0.55 from the previous closing price of $4.63 on volume of 87,220 shares. Over the past year the S&P 500 has gained 33.06% while BMRA is lower by -29.29%. BMRA lost -$0.47 per share in the over the last 12 months.
To see the top 5 stocks in the Diagnostics & Research industry click here.
More About Biomerica, Inc.
Biomerica Inc is engaged in the development, manufacturing, and marketing medical diagnostic products designed for the early detection and monitoring of chronic diseases and medical conditions. The company focuses on products for gastrointestinal diseases, food intolerances, diabetes, and certain esoteric tests. It operates in one segment namely, the design, development, marketing and sales of diagnostic kits. Majority of the company's revenue is earned from the Europe market.
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