KORU Medical Systems, Inc. (KRMD) stock has declined 18.1% over the past four weeks but appears poised for a turnaround. Its Relative Strength Index (RSI) of 28.55 indicates it is in oversold territory, suggesting a potential trend reversal. Additionally, Wall Street analysts have significantly raised earnings estimates for KRMD, and the stock holds a Zacks Rank #2 (Buy), further supporting a near-term recovery.
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Down 18.1% in 4 Weeks, Here's Why KORU Medical Systems, Inc. (KRMD) Looks Ripe for a Turnaround
KORU Medical Systems, Inc. (KRMD) stock has declined 18.1% over the past four weeks but appears poised for a turnaround. Its Relative Strength Index (RSI) of 28.55 indicates it is in oversold territory, suggesting a potential trend reversal. Additionally, Wall Street analysts have significantly raised earnings estimates for KRMD, and the stock holds a Zacks Rank #2 (Buy), further supporting a near-term recovery.