Rockwell Medical Inc

NASDAQ RMTI

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Rockwell Medical Inc Market Capitalization on June 03, 2024: USD 53.05 M

Rockwell Medical Inc Market Capitalization is USD 53.05 M on June 03, 2024, a -39.24% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Rockwell Medical Inc 52-week high Market Capitalization is USD 176.35 M on July 10, 2023, which is 232.41% above the current Market Capitalization.
  • Rockwell Medical Inc 52-week low Market Capitalization is USD 48.11 K on March 18, 2024, which is -99.91% below the current Market Capitalization.
  • Rockwell Medical Inc average Market Capitalization for the last 52 weeks is USD 59.93 M.
NASDAQ: RMTI

Rockwell Medical Inc

CEO Dr. Mark Strobeck Ph.D.
IPO Date Jan. 27, 1998
Location United States
Headquarters 30142 South Wixom road, Wixom, MI, United States, 48393
Employees 237
Sector Healthcare
Industry Drug manufacturers - specialty & generic
Description

Rockwell Medical, Inc., together with its subsidiaries, operates as a healthcare company that engages in the development, manufacture, commercialization, and distribution of various hemodialysis products for dialysis providers worldwide. The company offers Triferic Dialysate and Triferic AVNU which are indicated to maintain hemoglobin in adult undergoing hemodialysis. It also manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, and RenalPure and SteriLyte powder bicarbonate concentrate; and ancillary products, including testing supplies, 5% acetic acid cleaning solution, 5% and 2% citric acid descaler, filtration salts, and other items used by hemodialysis providers. The company's hemodialysis concentrate products are used to sustain patient's life by removing toxins and balancing electrolytes in a dialysis patient's bloodstream. The company serves to hemodialysis clinics. Rockwell Medical, Inc. was incorporated in 1996 and is headquartered in Wixom, Michigan.

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StockViz Staff

September 20, 2024

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