Stock Split History
ETFs Holding RMED »    RMED Historical Stock Prices »
Video: What is a Stock Split?

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Ra Medical Systems is a commercial-stage medical device company. Destruction of Arteriosclerotic Blockages by Laser Radiation Ablation is Co.'s minimally-invasive excimer laser and single-use catheter system that is used by physicians as a tool in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease by breaking down plaque to its fundamental chemistry to eliminate blockages by essentially dissolving them without generating potentially harmful particulates. Pharos is Co.'s excimer laser device that emits highly concentrated ultraviolet light and is used as a tool in the treatment of dermatological skin disorders. According to our Ra Medical Systems stock split history records, Ra Medical Systems has had 1 split.
Ra Medical Systems stock split history picture
Ra Medical Systems (RMED) has 1 split in our Ra Medical Systems stock split history database. The split for RMED took place on November 17, 2020. This was a 1 for 25 reverse split, meaning for each 25 shares of RMED owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 40 share position following the split.

When a company such as Ra Medical Systems conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the Ra Medical Systems stock split history from start to finish, an original position size of 1000 shares would have turned into 40 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ra Medical Systems shares, starting with a $10,000 purchase of RMED, presented on a split-history-adjusted basis factoring in the complete Ra Medical Systems stock split history. Ra Medical Systems split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/27/2018
End date: 05/17/2021
Start price/share: $500.00
End price/share: $3.21
Dividends collected/share: $0.00
Total return: -99.36%
Average Annual Total Return: -85.24%
Starting investment: $10,000.00
Ending investment: $64.23
Years: 2.64
Date Ratio
11/17/20201 for 25
LM Funding America, Inc. (LMFA)
Foxby Corp. (XFXBX)
InspireMD, Inc. (NSPR)
Aviat Networks, Inc. (AVNW)
Guardion Health Sciences, Inc. (GHSI)
China SXT Pharmaceuticals, Inc. (SXTC)
VYNE Therapeutics Inc. (VYNE)
The Sherwin-Williams Company (SHW)
Horizons US Marijuana Index ETF (HMUS)
MicroSectors FANG+ ETNs due January 8, 2038 (FNGS)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »
Funds Holding Ra Medical Systems
Ra Medical Systems Insider Buying

Ra Medical Systems Stock Split History | | Copyright © 2013 - 2021, All Rights Reserved

Nothing in is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.