CRMD Stock Summary and Trading Ideas (Cormedix | NASDAQ:CRMD)

Cormedix Inc is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions. The Company's focus is on the commercialization of its product, DefenCath, in the United States (U.S.) and other key markets. The group currently operates in a single segment, Drug Product, located in a single geographic location, the United States.

Cormedix trades on the NASDAQ stock market under the symbol CRMD.

As of March 10, 2026, CRMD stock price climbed to $6.66 with 1,390,334 million shares trading.

CRMD has a beta of 1.35, meaning it tends to be more sensitive to market movements. CRMD has a correlation of 0.06 to the broad based SPY ETF.

CRMD has a market cap of $526.48 million. This is considered a Small Cap stock.

Last quarter Cormedix reported $129 million in Revenue and $.61 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$.22.

In the last 3 years, CRMD traded as high as $17.43 and as low as $2.57.

The top ETF exchange traded funds that CRMD belongs to (by Net Assets): VTI, IWM, VXF, IWO, XPH.

CRMD has underperformed the market in the last year with a price return of -37.8% while the SPY ETF gained +18.8%. CRMD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -42.7% and -5.0%, respectively, while the SPY returned -0.6% and -0.8%, respectively.

CRMD support price is $6.35 and resistance is $6.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRMD shares will trade within this expected range on the day.