Ra Medical Systems Inc. (NYSE: RMED) stock surged 87% on Monday following a short squeeze because it had a high number of short-sellers. The stock has a small float of around 2.68 million shares with a short percentage of 40%, making it a good candidate for a squeeze with volume. […]
Tag: RA Medical Systems
RA Medical Systems Inc (NYSEAMERICAN: RMED) Posts A Drop Of 21.4% YoY In Q1 2021 Revenues
RA Medical Systems Inc (NYSEAMERICAN: RMED) reported revenues of $1.1 million (down 21.4% YoY) in Q1 2021. The company holds a cash balance and cash equivalents of $16 million at the end of Q1 2021. The cost of revenues is declined by $0.2 million to $1.4 million in Q1 2021. […]