KORU Medical Systems (KRMD) Projected to Post Earnings on Wednesday

KORU Medical Systems (NASDAQ:KRMD - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect KORU Medical Systems to post earnings of ($0.04) per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

KORU Medical Systems Price Performance

Shares of KORU Medical Systems stock remained flat at $3.16 on Friday. The stock had a trading volume of 138,579 shares, compared to its average volume of 209,436. The stock's fifty day moving average is $4.03 and its 200 day moving average is $3.37. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.37 and a current ratio of 2.99. KORU Medical Systems has a 1-year low of $2.04 and a 1-year high of $5.05. The company has a market capitalization of $144.84 million, a P/E ratio of -12.64 and a beta of 0.74.

Analyst Ratings Changes

A number of brokerages have commented on KRMD. Lake Street Capital increased their price objective on shares of KORU Medical Systems from $4.00 to $5.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Piper Sandler reiterated a "neutral" rating and set a $4.50 target price on shares of KORU Medical Systems in a research note on Friday, February 14th. Canaccord Genuity Group raised their price target on KORU Medical Systems from $3.00 to $4.00 and gave the company a "buy" rating in a research note on Thursday, November 14th. Finally, Craig Hallum upped their price objective on KORU Medical Systems from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $4.70.

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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.