ValuEngine Downgrades Biomerica, Inc. (OTCMKTS:BMRA) to Sell

Biomerica, Inc. (OTCMKTS:BMRA) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.

Biomerica (OTCMKTS:BMRA) opened at 2.72 on Friday. The firm’s market capitalization is $23.14 million. The firm’s 50-day moving average is $2.66 and its 200-day moving average is $2.49. Biomerica has a 12 month low of $1.53 and a 12 month high of $3.38.

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Biomerica Company Profile

Biomerica, Inc is a biomedical company, which develops, manufactures and markets medical diagnostic products for the early detection and monitoring of chronic diseases and medical conditions. The Company’s medical diagnostic products are sold around the world in over two markets, including clinical laboratories and point of care (physicians’ offices and over-the-counter drugstores).

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