Chembio Diagnostics Inc

Company Profile

Chembio Diagnostics Inc had its IPO on 2004-05-05 under the ticker symbol CEMI.

The company operates in the LIFE SCIENCES sector and PHARMACEUTICAL PREPARATIONS industry. Chembio Diagnostics Inc has a staff strength of 0 employees.

Stock update

Shares of Chembio Diagnostics Inc opened at $0.36 at the start of the last trading session i.e. 2022-11-02.

The stocks traded within a range of $0.36 - $0.39, and closed at $0.38.

This is a +7.04% increase from the previous day's closing price.

A total volume of 612,137 shares were traded at the close of the day’s session.

In the last one week, shares of Chembio Diagnostics Inc have increased by 0%.

Chembio Diagnostics Inc's Key Ratios

Chembio Diagnostics Inc has a market cap of $0.011 billion, indicating a price to book ratio of 0.486 and a price to sales ratio of 0.19.

In the last 12-months Chembio Diagnostics Inc’s revenue was $0.061 billion with a gross profit of $0.013 billion and an EBITDA of $-0.022 billion. The EBITDA ratio measures Chembio Diagnostics Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Chembio Diagnostics Inc’s operating margin was -41.4% while its return on assets stood at -29.7% with a return of equity of -206.1%.

In Q2, Chembio Diagnostics Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 41.8%.

Chembio Diagnostics Inc’s PE and PEG Ratio

Forward PE

6.72

Trailing PE

-

PEG

-0.48

Its diluted EPS in the last 12-months stands at $-1.426 per share while it has a forward price to earnings multiple of 6.72 and a PEG multiple of -0.48. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Chembio Diagnostics Inc’s profitability.

Chembio Diagnostics Inc stock is trading at a EV to sales ratio of 0.234 and a EV to EBITDA ratio of -0.426. Its price to sales ratio in the trailing 12-months stood at 0.19.

Chembio Diagnostics Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$0.000 billion

Total Liabilities

$0.000 billion

Operating Cash Flow

$0.000 billion

Capital Expenditure

$0.000 billion

Dividend Payout Ratio

0%

Chembio Diagnostics Inc ended 1970 with $0.000 billion in total assets and $131.2 billion in total liabilities. Its intangible assets were valued at $0.000 billion while shareholder equity stood at $0.000 billion.

Chembio Diagnostics Inc ended 1970 with $0.000 billion in deferred long-term liabilities, $0.000 billion in other current liabilities, billion in common stock, $0.000 billion in retained earnings and $0.000 billion in goodwill. Its cash balance stood at $0.000 billion and cash and short-term investments were $0.000 billion. The company’s total short-term debt was $0.000 billion while long-term debt stood at $0.000 billion.

Chembio Diagnostics Inc’s total current assets stands at $0.000 billion while long-term investments were $0.000 billion and short-term investments were $0.000 million. Its net receivables were $0.000 billion compared to accounts payable of $0.000 billion and inventory worth $0.000 billion.

In 1970, Chembio Diagnostics Inc's operating cash flow was $0.000 billion while its capital expenditure stood at $0.000 billion.

Comparatively, Chembio Diagnostics Inc paid $0 billion in dividends in 1970.

Other key metrics

Current Trading Price

$0.38

52-Week High

$2.33

52-Week Low

$0.25

Analyst Target Price

$8

Chembio Diagnostics Inc stock is currently trading at $0.38 per share. It touched a 52-week high of $2.33 and a 52-week low of $2.33. Analysts tracking the stock have a 12-month average target price of $8.

Its 50-day moving average was $0 and 200-day moving average was $0 The short ratio stood at indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.