Cormedix Stock Today

CRMD Stock  USD 10.47  0.09  0.87%   

Performance

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Odds Of Distress

Below Average

 
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CorMedix is trading at 10.47 as of the 16th of March 2025, a 0.87 percent increase since the beginning of the trading day. The stock's lowest day price was 10.3. CorMedix has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
25th of March 2010
Category
Healthcare
Classification
Health Care
CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey. The company has 60.68 M outstanding shares of which 7.39 M shares are currently shorted by private and institutional investors with about 9.17 trading days to cover. More on CorMedix

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

CorMedix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Pharmaceuticals, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00120.0012
Notably Down
Pretty Stable
Total Current Liabilities10.8 M10.3 M
Sufficiently Up
Slightly volatile
Total Assets99.1 M94.4 M
Sufficiently Up
Slightly volatile
Total Current Assets95.9 M91.4 M
Sufficiently Up
Slightly volatile
Debt Levels
CorMedix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CorMedix's financial leverage. It provides some insight into what part of CorMedix's total assets is financed by creditors.
Liquidity
CorMedix currently holds 667.63 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. CorMedix has a current ratio of 12.15, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about CorMedix's use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

67.52 Million
CorMedix (CRMD) is traded on NASDAQ Exchange in USA. It is located in 300 Connell Drive, Berkeley Heights, NJ, United States, 07922 and employs 82 people. CorMedix is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 635.29 M. CorMedix conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 60.68 M outstanding shares of which 7.39 M shares are currently shorted by private and institutional investors with about 9.17 trading days to cover. CorMedix currently holds about 64.62 M in cash with (38.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.57.
Check CorMedix Probability Of Bankruptcy
Ownership Allocation
CorMedix holds a total of 60.68 Million outstanding shares. 30% of CorMedix outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CorMedix Ownership Details

CorMedix Stock Institutional Holders

InstituionRecorded OnShares
Kennedy Capital Management Inc2024-12-31
378.2 K
Palisades Investment Partners, Llc2024-12-31
364 K
Group One Trading, Lp2024-12-31
312.1 K
Citadel Advisors Llc2024-12-31
293.6 K
Jpmorgan Chase & Co2024-12-31
273.2 K
Simplex Trading, Llc2024-12-31
210.4 K
Goldman Sachs Group Inc2024-12-31
198.9 K
Wellington Management Company Llp2024-12-31
178.8 K
Millennium Management Llc2024-12-31
178.1 K
Blackrock Inc2024-12-31
4.6 M
Vanguard Group Inc2024-12-31
3.4 M
View CorMedix Diagnostics

CorMedix Historical Income Statement

At present, CorMedix's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 59.1 M, whereas Research Development is forecasted to decline to about 10.2 M. View More Fundamentals

CorMedix Stock Against Markets

CorMedix Corporate Management

Kaufman EsqChief EVPProfile
Joseph MBACEO DirectorProfile
Donna UcciSenior QualityProfile
Tushar MukherjeeSenior OperationsProfile
Phoebe EsqGen EVPProfile
Elizabeth BAExecutive AffairsProfile
Erin MistryExecutive OfficerProfile
When determining whether CorMedix is a strong investment it is important to analyze CorMedix's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorMedix's future performance. For an informed investment choice regarding CorMedix Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorMedix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade CorMedix Stock refer to our How to Trade CorMedix Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorMedix. If investors know CorMedix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorMedix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
0.212
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.38)
Return On Equity
(0.65)
The market value of CorMedix is measured differently than its book value, which is the value of CorMedix that is recorded on the company's balance sheet. Investors also form their own opinion of CorMedix's value that differs from its market value or its book value, called intrinsic value, which is CorMedix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorMedix's market value can be influenced by many factors that don't directly affect CorMedix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorMedix's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorMedix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorMedix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.