CorMedix (CRMD) Looks Good: Stock Moves 9.2% Higher - Tale of the Tape

Zacks Equity Research

Updated Mon, Feb 2, 2015, 9:25 AM

CorMedix, Inc. (CRMD) was a big mover last session with shares rising over 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $1.85 to $2.84.

This development-stage pharmaceutical and medical device company has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Friday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

CorMedix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the biomedical industry may consider Regado Biosciences, Inc. (RGDO) which sports a Zacks Rank #1 (Strong Buy).

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CORMEDIX INC (CRMD): Free Stock Analysis Report

REGADO BIOSCI (RGDO): Free Stock Analysis Report

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CorMedix (CRMD) Looks Good: Stock Moves 9.2% Higher - Tale of the Tape

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