Chembio Stock Price History Breakdown

CEMI
 Stock
  

USD 0.64  0.01  1.54%   

As of today, the current price of Chembio Diagnostics is  0.64 , as last reported on the 2nd of July, with the highest price reaching  0.65  and the lowest price hitting  0.64  during the day.
Chembio Diagnostics secures Sharpe Ratio (or Efficiency) of -0.0243, which signifies that the company had -0.0243% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Chembio Diagnostics exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Chembio Diagnostics mean deviation of 4.16, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
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The current Net Income Common Stock is estimated to decrease to about (34.8 M). Chembio Diagnostics Price to Book Value is most likely to increase slightly in the upcoming years. The preceding year's Price to Book Value was reported at 1.00. The current Price to Sales Ratio is estimated to increase to 0.59, while Price to Earnings Ratio are projected to decrease to (0.83) . Chembio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
28.5 M
Shares Outstanding
30.2 M
Shares Short Prior Month
1.9 M
Earnings Share
-1.43
Shares Short
1.7 M
Revenue Per Share
2.16

Chembio Diagnostics July 2, 2022 Stock Price Synopsis

Chembio Diagnostics Price Daily Balance Of Power(1.00) 
Chembio Diagnostics Accumulation Distribution 916.92 
Chembio Diagnostics Price Action Indicator(0.01) 
Chembio Diagnostics Price Rate Of Daily Change 0.98 
When benchmark price declines in a down market, there may be an uptick in Chembio Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Chembio Diagnostics intraday prices and daily technical indicators to check the level of noise trading in Chembio Stock and then apply it to test your longer-term investment strategies against Chembio.

Chembio Diagnostics Stock Price History Chart

There are several ways to analyze Chembio Stock price data. The simplest method is using a basic Chembio candlestick price chart, which shows Chembio Diagnostics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

90 Days Highest PriceApril 19, 20220.78
90 Days Lowest PriceMay 12, 20220.45

Chembio Stock Price History Data

The price series of Chembio Diagnostics for the period between Sun, Apr 3, 2022 and Sat, Jul 2, 2022 has a statistical range of 0.41 with a coefficient of variation of 12.52. The prices are distributed with arithmetic mean of 0.67. The median price for the last 90 days is 0.67. The company had 1:8 stock split on 30th of May 2012.
OpenHighLowCloseVolume
07/02/2022 0.65  0.65  0.64  0.64  59,600 
07/01/2022 0.65  0.65  0.64  0.64  59,601 
06/30/2022 0.65  0.66  0.64  0.65  37,403 
06/29/2022 0.65  0.66  0.63  0.63  25,200 
06/28/2022 0.67  0.68  0.64  0.65  22,300 
06/27/2022 0.68  0.68  0.65  0.67  38,100 
06/24/2022 0.68  0.70  0.65  0.65  226,984 
06/23/2022 0.65  0.69  0.65  0.68  83,861 
06/22/2022 0.66  0.69  0.65  0.65  81,761 
06/21/2022 0.69  0.69  0.65  0.67  62,154 
06/17/2022 0.66  0.69  0.65  0.67  58,276 
06/16/2022 0.69  0.69  0.65  0.66  61,848 
06/15/2022 0.70  0.70  0.66  0.67  73,333 
06/14/2022 0.66  0.71  0.66  0.67  31,082 
06/13/2022 0.70  0.73  0.66  0.66  204,011 
06/10/2022 0.70  0.74  0.68  0.73  194,368 
06/09/2022 0.68  0.72  0.68  0.71  123,108 
06/08/2022 0.66  0.71  0.66  0.70  122,984 
06/07/2022 0.68  0.72  0.65  0.65  297,800 
06/06/2022 0.74  0.75  0.69  0.71  132,402 
06/03/2022 0.73  0.77  0.68  0.72  223,566 
06/02/2022 0.77  0.78  0.73  0.75  89,204 
06/01/2022 0.79  0.80  0.70  0.77  368,091 
05/31/2022 0.68  0.81  0.61  0.75  727,825 
05/27/2022 0.72  0.73  0.64  0.67  511,934 
05/26/2022 0.70  0.78  0.70  0.70  230,320 
05/25/2022 0.62  0.75  0.60  0.70  219,329 
05/24/2022 0.61  0.64  0.58  0.62  73,127 
05/23/2022 0.65  0.65  0.62  0.63  58,981 
05/20/2022 0.68  0.69  0.61  0.64  170,455 
05/19/2022 0.61  0.69  0.61  0.66  143,200 
05/18/2022 0.60  0.65  0.58  0.60  159,406 
05/17/2022 0.53  0.64  0.53  0.60  324,547 
05/16/2022 0.58  0.67  0.52  0.53  375,740 
05/13/2022 0.44  0.60  0.44  0.56  248,600 
05/12/2022 0.45  0.45  0.42  0.45  303,329 
05/11/2022 0.51  0.52  0.47  0.48  205,979 
05/10/2022 0.52  0.57  0.51  0.52  105,663 
05/09/2022 0.56  0.57  0.52  0.52  213,996 
05/06/2022 0.63  0.63  0.53  0.56  265,119 
05/05/2022 0.62  0.67  0.60  0.67  283,015 
05/04/2022 0.56  0.63  0.56  0.62  82,050 
05/03/2022 0.55  0.60  0.55  0.57  112,326 
05/02/2022 0.53  0.58  0.53  0.57  170,931 
04/29/2022 0.63  0.63  0.55  0.58  270,901 
04/28/2022 0.63  0.63  0.60  0.60  94,369 
04/27/2022 0.63  0.65  0.61  0.62  132,561 
04/26/2022 0.67  0.70  0.62  0.63  122,746 
04/25/2022 0.67  0.67  0.64  0.65  141,926 
04/22/2022 0.69  0.70  0.66  0.67  158,100 
04/21/2022 0.70  0.71  0.69  0.69  162,607 
04/20/2022 0.76  0.78  0.70  0.71  443,415 
04/19/2022 0.74  0.79  0.73  0.78  175,029 
04/18/2022 0.73  0.75  0.70  0.74  298,927 
04/14/2022 0.76  0.76  0.74  0.76  143,561 
04/13/2022 0.73  0.78  0.73  0.77  143,500 
04/12/2022 0.76  0.80  0.73  0.75  754,700 
04/11/2022 0.74  0.77  0.70  0.73  182,500 
04/08/2022 0.76  0.78  0.73  0.74  151,524 
04/07/2022 0.77  0.77  0.73  0.76  118,791 
04/06/2022 0.75  0.77  0.73  0.75  94,025 

About Chembio Diagnostics Stock history

Chembio Diagnostics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chembio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chembio Diagnostics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chembio Diagnostics historical stock prices may prove useful in developing a viable investing in Chembio Diagnostics
Last ReportedProjected for 2022
Weighted Average Shares24.3 M20.2 M
Weighted Average Shares Diluted24.3 M20.3 M
Issuance Purchase of Equity Shares38.9 M42 M
Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care diagnostic tests that are used to detect or diagnose diseases. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Hauppauge, New York. Chembio Diagnostics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 337 people.

Chembio Diagnostics Quarterly Market Capitalization

24.65 Million

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Chembio Diagnostics Stock Technical Analysis

Chembio Diagnostics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chembio Diagnostics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chembio Diagnostics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Chembio Diagnostics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chembio stock's direction in advance. Along with the technical and fundamental analysis of Chembio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chembio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. Note that the Chembio Diagnostics information on this page should be used as a complementary analysis to other Chembio Diagnostics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Chembio Diagnostics price analysis, check to measure Chembio Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chembio Diagnostics is operating at the current time. Most of Chembio Diagnostics' value examination focuses on studying past and present price action to predict the probability of Chembio Diagnostics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chembio Diagnostics' price. Additionally, you may evaluate how the addition of Chembio Diagnostics to your portfolios can decrease your overall portfolio volatility.
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Is Chembio Diagnostics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chembio Diagnostics. If investors know Chembio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chembio Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
19.2 M
Quarterly Revenue Growth YOY
1.16
Return On Assets
-0.26
Return On Equity
-1.53
The market value of Chembio Diagnostics is measured differently than its book value, which is the value of Chembio that is recorded on the company's balance sheet. Investors also form their own opinion of Chembio Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Chembio Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chembio Diagnostics' market value can be influenced by many factors that don't directly affect Chembio Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chembio Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine Chembio Diagnostics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chembio Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.