Biomerica seems to be set to have a robust end to 2021
Biomerica Inc is traded on the Nasdaq ticker BMRA. On friday Biomerica gained over 38% and is up over 60% previously 2 months.
This can be a Micro-cap inventory has a really small float and is seeing big investor curiosity proper now so I feel that this might go parabolic within the coming weeks.
Analysts even have put a purchase ranking on this with a PT of $13
If you happen to don’t learn about Biomerica. They’re a biomedical know-how firm that develops, patents, manufactures and markets superior diagnostic and therapeutic merchandise used for detection and/or therapy of medical circumstances and ailments.
There fundamental focus is on IBS – ranked seventh commonest diagnoses is the world however IBS sufferers additionally incur big prices
Biomerica estimate that that there’s roughly 40million IBS sufferers giving a complete addressable market of over $30bn within the US alone
This inventory is at the moment solely $6 regardless of gaining over 60% for the reason that starting of August however remains to be under its 52week excessive and fewer than half of wall avenue analysts that gave this a worth goal of $13 solely final week.
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