KORU Medical Systems, Inc. (KRMD)

Market Cap	183.71M
Revenue (ttm)	29.04M
Net Income (ttm)	-8.53M
Shares Out	46.39M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	188.68
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,336
Open	3.99
Previous Close	4.00
Day's Range	3.96 - 4.00
52-Week Range	1.82 - 4.48
Beta	0.40
Analysts	Strong Buy
Price Target	4.25 (+6.78%)
Earnings Date	Aug 2, 2023

About KRMD

KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the ambulatory infusion market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales...

• Industry: Medical Instruments & Supplies
• Sector: Healthcare
• Founded: 1980
• Employees: 85
• Stock Exchange: NASDAQ
• Ticker Symbol: KRMD

Financial Performance

In 2022, KRMD's revenue was $27.90 million, an increase of 18.76% compared to the previous year's $23.49 million. Losses were -$8.66 million, 89.8% more than in 2021.

Analyst Forecast

According to 2 analysts, the average rating for KRMD stock is "Strong Buy." The 12-month stock price forecast is $4.25, which is an increase of 6.78% from the latest price.

Price Target

$4.25

(6.78% upside)

Analyst Consensus: Strong Buy