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Ra Medical Systems, Inc. (RMED)

NYSEAMERICAN: RMED · IEX Real-Time Price · USD
3.01 -0.21 (-6.52%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap21.16M
Revenue (ttm)4.25M
Net Income (ttm)-30.71M
Shares Out4.09M
EPS (ttm)-9.98
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,020,876
Open3.16
Previous Close3.22
Day's Range2.87 - 3.16
52-Week Range2.38 - 9.82
Beta1.45
AnalystsBuy
Price Target25.00 (+730.6%)
Est. Earnings DateNov 11, 2021

About RMED

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 d...

IndustryHealth Care Equipment & Supplies
IPO DateAug 30, 2018
Employees86
Stock ExchangeNYSEAMERICAN
Ticker SymbolRMED
Full Company Profile

Financial Performance

In 2020, RMED's revenue was $4.41 million, a decrease of -38.81% compared to the previous year's $7.20 million. Losses were -$36.05 million, -36.72% less than in 2019.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RMED stock is "Buy." The 12-month stock price forecast is 25.00, which is an increase of 730.56% from the latest price.

Price Target
$25.00
(730.56% upside)
Analyst Consensus: Buy

News

Ra Medical Systems to Present at the Virtual H.C. Wainwright 23rd Annual Global Investment Conference

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focused on commercializing excimer laser systems to treat vascular diseases, announces that ma...

1 month ago - Business Wire

Ra Medical Systems Reports 2021 Second Quarter Financial Results

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focusing on commercializing its excimer laser system to treat vascular disease, reports financ...

2 months ago - Business Wire

Ra Medical Systems Announces Sale of Pharos Dermatology Business

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focused on commercializing its excimer laser system to treat vascular disease, announces the s...

Other symbols:SSKN
2 months ago - Business Wire

Ra Medical Systems to Report Second Quarter 2021 Financial Results on August 16, 2021

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED) announces that it will report second quarter 2021 financial results after market close on Monday, August 16, 2021. Ra Me...

2 months ago - Business Wire

Ra Medical Systems Announces Progress with Guidewire-Compatible Catheter Design and Provides Update on Atherectomy Tr...

CARLSBAD, Calif.--(BUSINESS WIRE)---- $RMED #PAD--Ra Medical Systems Announces Progress with Guidewire-Compatible Catheter Design and Provides Update on Atherectomy Trial Enrollment

3 months ago - Business Wire

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Ra Medical Systems, Inc. for Potential Breaches of ...

NEW YORK, June 14, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty cl...

4 months ago - PRNewsWire

Chuck Royce's Firm Makes Changes to 3 Positions in May

Royce Investment Partners revealed earlier this week it reduced one position, added to another and sold out of a holding in May.

Other symbols:GCMGIMXI
4 months ago - GuruFocus

Why Did Ra Medical Systems Skyrocket Today?

Ra Medical Systems Inc. (NYSE:RMED) shares jumped higher Monday after retail traders pushed the stock higher. The stock was likely pushed as a possible short squeeze as it had a very high percentage of ...

4 months ago - Benzinga

RMED Stock: 8 Things to Know About RA Medical as Retail Investors Look for the Next AMC

RA Medical (RMED) stock is rocketing higher on Monday as retail traders on Reddit seek out their next target to send soaring. The post RMED Stock: 8 Things to Know About RA Medical as Retail Investors L...

4 months ago - InvestorPlace

Breaking Down Recent Reddit Target, RMED

RA Medical Systems Inc (NYSE:RMED) is shooting out of penny stock territory this morning, up 65.2% at $8.06 at last check, as the heavily shorted stock looks to be one of the latest victims of the "meme...

4 months ago - Schaeffers Research

3 Short Squeeze Candidates Trading Under $10

Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.

Other symbols:AEI
4 months ago - Benzinga

Why Second Sight Medical, Lucira Health, RA Medical Are Moving Today

Second Sight Medical Products, Inc. (NASDAQ: EYES), Lucira Health, Inc. (NASDAQ: LHDX) and Ra Medical Systems, Inc. (NYSE: RMED) were among the biggest health care gainers Wednesday. Second Sight Rallie...

Other symbols:EYESLHDX
5 months ago - Benzinga

Ra Medical Systems Reports 2021 First Quarter Financial Results

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focusing on commercializing excimer laser systems to treat vascular and dermatological disease...

5 months ago - Business Wire

Earnings Outlook for Ra Medical Systems

Ra Medical Systems (NYSE:RMED) releases its next round of earnings this Tuesday, May 11. Here is Benzinga's essential guide to Ra Medical Systems's Q1 earnings report.

5 months ago - Benzinga

Ra Medical Systems to Report First Quarter 2021 Financial Results on May 11, 2021

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems to Report First Quarter 2021 Financial Results on May 11, 2021

5 months ago - Business Wire

Ra Medical Systems Provides Enrollment Update for its Pivotal Atherectomy Clinical Trial

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focused on commercializing excimer laser systems to treat vascular and dermatological diseases...

6 months ago - Business Wire

Glancy Prongay & Murray LLP Obtains Important Ruling for Ra Medical Systems, Inc. Investors in Securities Fraud Class...

LOS ANGELES, April 14, 2021 /PRNewswire/ --  Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, announces that on March 24, 2021, the Honorable Larry Alan Burns of the ...

6 months ago - PRNewsWire

Ra Medical Systems Reports 2020 Fourth Quarter and Full Year Financial Results

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focusing on commercializing excimer laser systems to treat vascular and dermatological disease...

7 months ago - Business Wire

Ra Medical Systems to Participate in Upcoming Virtual Investment Conferences

CARLSBAD, Calif.--(BUSINESS WIRE)---- $RMED #RothConference--Ra Medical Systems to participate in the Virtual 33rd Annual Roth Conference and Maxim Emerging Growth Conference in March.

7 months ago - Business Wire

2 Falling Knives to Catch

Wall Street recommends purchasing shares of Ra Medical Systems Inc (RMED) and Baudax Bio Inc (NASDAQ:BXRX), which sounds quite unexpected since these two equities have shown poor performance over the pr...

Other symbols:BXRX
7 months ago - GuruFocus

Ra Medical Systems to Report 2020 Fourth Quarter and Full Year Financial Results on March 16, 2021

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE: RMED) announces that it will report 2020 fourth quarter and full year financial results and provide a business update after market clos...

7 months ago - Business Wire

Will Ra Medical Systems, Inc. (RMED) Report Negative Q4 Earnings? What You Should Know

Ra Medical Systems, Inc. (RMED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Ra Medical Systems to Present at the H.C. Wainwright Global Life Sciences Virtual Conference

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focusing on commercializing excimer laser systems to treat vascular and dermatological disease...

7 months ago - Business Wire

Ra Medical Systems Appoints Susanne L. Meline to its Board of Directors

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focused on commercializing excimer laser systems to treat vascular and dermatological diseases...

8 months ago - Business Wire

Ra Medical Systems Reports Progress with Extending DABRA Catheter Shelf Life, Completes Quality Improvement Plan

CARLSBAD, Calif.--(BUSINESS WIRE)--Ra Medical Systems, Inc. (NYSE American: RMED), a medical device company focusing on commercializing excimer laser systems to treat vascular and dermatological disease...

8 months ago - Business Wire