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Stock impact report

CorMedix (CRMD): Assessing Valuation After a Strong Multi-Year Share Price Run [Yahoo! Finance]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Yahoo! Finance
This performance has put fresh attention on this kidney infection focused biotech. See our latest analysis for CorMedix. With the share price now at $12.19 and a 30 day share price return of 24.13 percent feeding into a 48.30 percent year to date share price gain, the move looks more like gathering momentum rather than a one off spike. This is especially the case when you factor in the hefty 221.64 percent three year total shareholder return. If CorMedix has you rethinking your healthcare exposure, this could be a good moment to explore other potential movers across healthcare stocks and see what else fits your strategy. Yet with CorMedix still trading at a steep discount to analyst targets despite powerful multi year gains, are investors looking at an underappreciated growth story, or has the market already priced in the next leg higher? With CorMedix last closing at $12.19 against a narrative fair value of $19, the spread points to a sizeable upside case that hinges on spe Show less Read more
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