How to buy Ra Medical Systems stock | $3.25

Ra Medical Systems, Inc is a medical devices business based in the US. Ra Medical Systems shares (RMED) are listed on the NYSE MKT and all prices are listed in US Dollars. Ra Medical Systems employs 86 staff and has a trailing 12-month revenue of around 0.00.

Ra Medical Systems stock price (NYSE MKT: RMED)

Use our graph to track the performance of RMED stocks over time.

Ra Medical Systems shares at a glance

• Key figures

Information last updated 2021-07-31.

Latest market close	$3.25
52-week range	$2.85 - $10.25
50-day moving average	$4.31
200-day moving average	$5.29
Wall St. target price	$25.00
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-4.11

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Is it a good time to buy Ra Medical Systems stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Ra Medical Systems, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Ra Medical Systems price performance over time

Historical closes compared with the close of $3.25 from 2021-05-28

1 week (2021-07-25)	N/A
1 month (2021-07-02)	-31.14%
3 months (2021-05-05)	-11.20%
6 months (2021-02-01)	N/A

1 year (2020-08-01)	N/A
2 years (2019-08-01)	N/A
3 years (2018-08-01)	N/A
5 years (2016-08-01)	N/A

Ra Medical Systems financials

Revenue TTM	$4.1 million
Gross profit TTM	$-1,077,000
Return on assets TTM	-71.99%
Return on equity TTM	-170.98%
Profit margin	0%
Book value	$4.65
Market capitalisation	$19.1 million

TTM: trailing 12 months

Shorting Ra Medical Systems shares

There are currently 526,834 Ra Medical Systems shares held short by investors – that's known as Ra Medical Systems's "short interest". This figure is 1.1% down from 532,660 last month.

There are a few different ways that this level of interest in shorting Ra Medical Systems shares can be evaluated.

Ra Medical Systems's "short interest ratio" (SIR)

Ra Medical Systems's "short interest ratio" (SIR) is the quantity of Ra Medical Systems shares currently shorted divided by the average quantity of Ra Medical Systems shares traded daily (recently around 1.1 million). Ra Medical Systems's SIR currently stands at 0.49. In other words for every 100,000 Ra Medical Systems shares traded daily on the market, roughly 490 shares are currently held short.

However Ra Medical Systems's short interest can also be evaluated against the total number of Ra Medical Systems shares, or, against the total number of tradable Ra Medical Systems shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ra Medical Systems's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Ra Medical Systems shares in existence, roughly 90 shares are currently held short) or 0.0907% of the tradable shares (for every 100,000 tradable Ra Medical Systems shares, roughly 91 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ra Medical Systems.

Find out more about how you can short Ra Medical Systems stock.

Ra Medical Systems share dividends

We're not expecting Ra Medical Systems to pay a dividend over the next 12 months.

Have Ra Medical Systems's shares ever split?

Ra Medical Systems's shares were split on a 1:25 basis on 16 November 2020. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ra Medical Systems shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Ra Medical Systems shares which in turn could have impacted Ra Medical Systems's share price.

Ra Medical Systems share price volatility

Over the last 12 months, Ra Medical Systems's shares have ranged in value from as little as $2.85 up to $10.25. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Ra Medical Systems's is 1.5474. This would suggest that Ra Medical Systems's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Ra Medical Systems overview

Ra Medical Systems, Inc. , a commercial-stage medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological immune-mediated inflammatory diseases. The company offers DABRA (destruction of arteriosclerotic blockages by laser radiation ablation), a minimally-invasive excimer laser and single-use catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease. It also provides Pharos, an excimer laser device that emits highly concentrated ultraviolet light and is used as a tool in the treatment of dermatological skin disorders. The company sells its products primarily through its direct sales force in the United States. Ra Medical Systems, Inc. was incorporated in 2002 and is headquartered in Carlsbad, California.

Frequently asked questions

What percentage of Ra Medical Systems is owned by insiders or institutions?
Currently 11.974% of Ra Medical Systems shares are held by insiders and 11.879% by institutions. How many people work for Ra Medical Systems?
Latest data suggests 86 work at Ra Medical Systems. When does the fiscal year end for Ra Medical Systems?
Ra Medical Systems's fiscal year ends in December. Where is Ra Medical Systems based?
Ra Medical Systems's address is: 2070 Las Palmas Drive, Carlsbad, CA, United States, 92011 What is Ra Medical Systems's ISIN number?
Ra Medical Systems's international securities identification number is: US74933X1046 What is Ra Medical Systems's CUSIP number?
Ra Medical Systems's Committee on Uniform Securities Identification Procedures number is: 74933X104