How to buy Rockwell Medical stock | $1.19

Rockwell Medical, Inc is a drug manufacturers—specialty & generic business based in the US. Rockwell Medical shares (RMTI) are listed on the NASDAQ and all prices are listed in US Dollars. Rockwell Medical employs 299 staff and has a trailing 12-month revenue of around USD$62.5 million.

How to buy shares in Rockwell Medical

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 Rockwell Medical. Find the stock by name or ticker symbol: RMTI. 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 Rockwell Medical 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$1.19, 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 Rockwell Medical, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Rockwell Medical. 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.

Rockwell Medical share price

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

Rockwell Medical shares at a glance

• Key figures

Information last updated 2020-11-27.

Latest market close	USD$1.19
52-week range	USD$0.83 - USD$3.85
50-day moving average	USD$0.974
200-day moving average	USD$1.5318
Wall St. target price	USD$7
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.595

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Is it a good time to buy Rockwell Medical 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 Rockwell Medical, 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.

Rockwell Medical price performance over time

Historical closes compared with the close of $1.19 from 2020-12-09

1 week (2021-01-07)	11.21%
1 month (2020-12-15)	9.17%
3 months (2020-10-15)	9.17%
6 months (2020-07-15)	-35.33%

1 year (2020-01-15)	-57.35%
2 years (2019-01-15)	-60.33%
3 years (2018-01-13)	N/A
5 years (2016-01-15)	7.36

Rockwell Medical financials

Revenue TTM	USD$62.5 million
Gross profit TTM	USD$2.8 million
Return on assets TTM	-26.02%
Return on equity TTM	-89.78%
Profit margin	-47.23%
Book value	$0.45
Market capitalisation	USD$98.3 million

TTM: trailing 12 months

Shorting Rockwell Medical shares

There are currently 3.1 million Rockwell Medical shares held short by investors – that's known as Rockwell Medical's "short interest". This figure is 21.7% down from 3.9 million last month.

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

Rockwell Medical's "short interest ratio" (SIR)

Rockwell Medical's "short interest ratio" (SIR) is the quantity of Rockwell Medical shares currently shorted divided by the average quantity of Rockwell Medical shares traded daily (recently around 1.2 million). Rockwell Medical's SIR currently stands at 2.56. In other words for every 100,000 Rockwell Medical shares traded daily on the market, roughly 2560 shares are currently held short.

However Rockwell Medical's short interest can also be evaluated against the total number of Rockwell Medical shares, or, against the total number of tradable Rockwell Medical shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Rockwell Medical's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Rockwell Medical shares in existence, roughly 30 shares are currently held short) or 0.0304% of the tradable shares (for every 100,000 tradable Rockwell Medical shares, roughly 30 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 Rockwell Medical.

Find out more about how you can short Rockwell Medical stock.

Rockwell Medical share dividends

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

Rockwell Medical share price volatility

Over the last 12 months, Rockwell Medical's shares have ranged in value from as little as $0.83 up to $3.85. 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 (NASDAQ average) beta is 1, while Rockwell Medical's is 0.9955. This would suggest that Rockwell Medical's shares are less volatile than average (for this exchange).

Rockwell Medical overview

Rockwell Medical, Inc. operates as a biopharmaceutical company that targets end-stage renal disease and chronic kidney disease with therapies and products for the treatment of iron deficiency and hemodialysis. The company offers Triferic, an iron therapy that replaces iron and maintains hemoglobin in dialysis patients without increasing iron stores; and Calcitriol, an active vitamin D injection for the management of hypocalcemia in patients undergoing chronic hemodialysis. It is also developing an intravenous formulation of Triferic for use by hemodialysis patients. In addition, the company manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, and RenalPure and SteriLyte powder bicarbonate concentrate; and ancillary products, including blood tubing, fistula needles, dialyzers, drugs, specialized component kits, dressings, cleaning agents, filtration salts, and other supplies used by hemodialysis providers. Its dialysis concentrate products are used to maintain human life by removing toxins and replacing critical nutrients in the dialysis patient's bloodstream. Rockwell Medical, Inc. sells its products directly, as well as through independent sales agents and distributors. Its target customers include senior and operating management of dialysis companies, dialysis service providers, nephrologists, clinic administrators, nurses, medical directors, and technical and purchasing personnel. Rockwell Medical, Inc. was founded in 1994 and is based in Wixom, Michigan.

Frequently asked questions

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

  Currently 4.007% of Rockwell Medical shares are held by insiders and 45.251% by institutions.

• How many people work for Rockwell Medical?

  Latest data suggests 299 work at Rockwell Medical.

• When does the fiscal year end for Rockwell Medical?

  Rockwell Medical's fiscal year ends in December.

• Where is Rockwell Medical based?

  Rockwell Medical's address is: 411 Hackensack Avenue, Hackensack, NJ, United States, 07601

• What is Rockwell Medical's ISIN number?

  Rockwell Medical's international securities identification number is: US7743741024

• What is Rockwell Medical's CUSIP number?

  Rockwell Medical's Committee on Uniform Securities Identification Procedures number is: 774374102