Chembio Diagnostics' analysts are forecasting revenues of US$54m in 2021, a substantial 56% improvement in sales compared to the last year.
CEMI follows its bigger more profitable brother CODX in price action.
Depending on the future development of the global pandemic, those stocks could grow rapidly.
On 12/3/2020 Craig Hallum brokerage Upgraded the stock from...
Tomorrow Chembio Diagnostics CEMI will Report Second Quarter 2021 Financial Results.
Things to consider:
$28.3 million purchase order from Bio-Manguinhos for SARS-CoV-2 Antigen tests in Brazil
$4 million purchase order from the Partnership for Supply Chain Management (PFSCM), for the purchase of HIV 1/2 STAT-PAK Assay for shipment to Ethiopia
those are just some...
CEMI made a heck of a run on 7/21 so I figured we should do a quick and dirty Fib Retracement. Using the most recent low as the anchor and the high from JUST before CEMI gapped down last June, the candles line up with some interesting levels. It looks like the 786 fib line has consistently held as major support before breaking down below it this last time around....
