CorMedix Inc (NASDAQ: CRMD)’s stock price has dropped by -2.58 in relation to previous closing price of 13.94. Nevertheless, the company has seen a loss of -6.92% in its stock price over the last five trading days. seekingalpha.com reported 2025-06-05 that I am bullish on CorMedix due to its strong financial turnaround, robust revenue growth, and unique market position. DefenCath, the only FDA-approved antimicrobial catheter lock solution in the US, drives exponential revenue and profitability, with high adoption potential. CRMD’s competitive edge lies in its first-mover advantage, high efficacy, and significant penetration in the US dialysis market.
Is It Worth Investing in CorMedix Inc (NASDAQ: CRMD) Right Now?
CorMedix Inc (NASDAQ: CRMD) has a higher price-to-earnings ratio of 60.25x compared to its average ratio. CRMD has 36-month beta value of 1.61. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CRMD is 65.96M, and currently, short sellers hold a 12.94% ratio of that float. The average trading volume of CRMD on June 20, 2025 was 2.01M shares.
CRMD’s Market Performance
CRMD’s stock has seen a -6.92% decrease for the week, with a 6.51% rise in the past month and a 23.79% gain in the past quarter. The volatility ratio for the week is 0.59%, and the volatility levels for the past 30 days are at 2.99% for CorMedix Inc. The simple moving average for the past 20 days is 2.03% for CRMD’s stock, with a 36.57% simple moving average for the past 200 days.
Analysts’ Opinion of CRMD
Many brokerage firms have already submitted their reports for CRMD stocks, with Leerink Partners repeating the rating for CRMD by listing it as a “Outperform.” The predicted price for CRMD in the upcoming period, according to Leerink Partners is $18 based on the research report published on March 07, 2025 of the current year 2025.
D. Boral Capital, on the other hand, stated in their research note that they expect to see CRMD reach a price target of $15. The rating they have provided for CRMD stocks is “Buy” according to the report published on January 13th, 2025.
Rodman & Renshaw gave a rating of “Buy” to CRMD, setting the target price at $13 in the report published on August 26th of the previous year.
CRMD Trading at 22.70% from the 50-Day Moving Average
After a stumble in the market that brought CRMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.70% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRMD starting from Mistry Erin, who purchase 1,500 shares at the price of $9.99 back on Oct 31 ’24. After this action, Mistry Erin now owns 52,011 shares of CorMedix Inc, valued at $14,985 using the latest closing price.
Hurlburt Elizabeth, the EVP of CorMedix Inc, sale 140,027 shares at $11.18 during a trade that took place back on Nov 14 ’24, which means that Hurlburt Elizabeth is holding 45,397 shares at $1,565,670 based on the most recent closing price.
Stock Fundamentals for CRMD
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.95 for the gross margin
The net margin for CorMedix Inc stands at 0.21. The total capital return value is set at 0.13. Equity return is now at value 19.87, with 15.79 for asset returns.
Based on CorMedix Inc (CRMD), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -28.47. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 395.69.
Currently, EBITDA for the company is -18.83 million with net debt to EBITDA at -3.7. When we switch over and look at the enterprise to sales, we see a ratio of 10.36. The receivables turnover for the company is 1.51for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.21.
Conclusion
To put it simply, CorMedix Inc (CRMD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
