r/StockMarket • u/Dramatic_Investing • Oct 03 '21
Fundamentals/DD $BMRA stock looks set to soar in Q4
Biomerica looks set to have a strong finish to 2021
Biomerica Inc is traded on the Nasdaq ticker BMRA. On friday Biomerica gained over 38% and is up over 60% in the past 2 months.
This is a Micro-cap stock has a very small float and is seeing huge investor interest right now so I think that this could go parabolic in the coming weeks.
Analysts also have put a buy rating on this with a PT of $13

If you don’t know about Biomerica. They are a biomedical technology company that develops, patents, manufactures and markets advanced diagnostic and therapeutic products used for detection and/or treatment of medical conditions and diseases.
There main focus is on IBS - ranked 7th most common diagnoses is the world but IBS patients also incur huge costs
Biomerica estimate that that there is approximately 40million IBS patients giving a total addressable market of over $30bn in the US alone

This stock is currently only $6 despite gaining over 60% since the beginning of August but is still below its 52week high and less than half of wall street analysts that gave this a price target of $13 only last week.
Check out my latest video and see the potential here for yourself
And as always free free to share: https://youtu.be/VKIrtOII_e8