How to buy Ra Medical Systems stock | $6.33

Ra Medical Systems, Inc is a medical devices business based in the US. Ra Medical Systems shares (RMED) are listed on the NYSE and all prices are listed in US Dollars. Ra Medical Systems employs 85 staff and has a trailing 12-month revenue of around USD$4.6 million.

How to buy shares in Ra Medical Systems

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Ra Medical Systems. Find the stock by name or ticker symbol: RMED. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ra Medical Systems reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$6.33, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Ra Medical Systems, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Ra Medical Systems. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Ra Medical Systems share price

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

Ra Medical Systems shares at a glance

• Key figures

Information last updated 2020-12-09.

Latest market close	USD$6.33
52-week range	USD$4.25 - USD$67.1975
50-day moving average	USD$5.6131
200-day moving average	USD$8.5686
Wall St. target price	USD$16
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-4.109

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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 $6.33 from 2020-12-09

1 week (2021-01-08)	-4.95%
1 month (2020-12-15)	-12.45%
3 months (2020-10-15)	2,312.35%
6 months (2020-07-15)	1,339.29%

1 year (2020-01-15)	211.82%
2 years (2019-01-15)	-34.88%
3 years (2018-01-12)	N/A
5 years (2016-01-12)	N/A

Ra Medical Systems financials

Revenue TTM	USD$4.6 million
Gross profit TTM	USD$-1,651,000
Return on assets TTM	-45.55%
Return on equity TTM	-97.8%
Profit margin	0%
Book value	$10.535
Market capitalisation	USD$18.1 million

TTM: trailing 12 months

Shorting Ra Medical Systems shares

There are currently 26,398 Ra Medical Systems shares held short by investors – that's known as Ra Medical Systems's "short interest". This figure is 67% down from 80,098 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 87993.333333333). Ra Medical Systems's SIR currently stands at 0.3. In other words for every 100,000 Ra Medical Systems shares traded daily on the market, roughly 300 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 0.01% of the outstanding shares (for every 100,000 Ra Medical Systems shares in existence, roughly 10 shares are currently held short) or 0.0091% of the tradable shares (for every 100,000 tradable Ra Medical Systems shares, roughly 9 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 17 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 $4.25 up to $67.1975. 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 average) beta is 1, while Ra Medical Systems's is 1.5449. 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 disposable 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 used 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 founded in 2002 and is headquartered in Carlsbad, California.

Frequently asked questions

• What percentage of Ra Medical Systems is owned by insiders or institutions?

  Currently 20.015% of Ra Medical Systems shares are held by insiders and 15.386% by institutions.

• How many people work for Ra Medical Systems?

  Latest data suggests 85 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