KORU Medical Systems (KRMD) Set to Announce Quarterly Earnings on Wednesday

KORU Medical Systems (NASDAQ:KRMD) will release its earnings data after the market closes on Wednesday, November 13th. Analysts expect KORU Medical Systems to post earnings of ($0.03) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

KORU Medical Systems Trading Up 0.5 %

NASDAQ:KRMD opened at $2.89 on Tuesday. The stock has a fifty day moving average price of $2.61 and a two-hundred day moving average price of $2.45. The stock has a market capitalization of $132.28 million, a price-to-earnings ratio of -11.52 and a beta of 0.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.27 and a current ratio of 3.77. KORU Medical Systems has a 1 year low of $1.98 and a 1 year high of $3.09.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. B. Riley assumed coverage on KORU Medical Systems in a report on Thursday, July 25th. They issued a “buy” rating and a $4.00 price target for the company. Piper Sandler lifted their price target on KORU Medical Systems from $2.50 to $3.00 and gave the company an “overweight” rating in a report on Thursday, August 8th.

KORU Medical Systems Company Profile

KORU Medical Systems, Inc develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria.