Skip to main content
NMRD logo

Nemaura Medical Inc. (NMRD) Stock Price & Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0001 $0.00 (0.00%)
Vol: 500| 52-wk range: $0.00001 – $0.0005
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Nemaura Medical Inc. (NMRD) trades at $0.0001. Nemaura Medical Inc. is a medical technology company focused on developing and manufacturing non-invasive continuous glucose monitoring (CGM) systems. Sector: Healthcare.

Price as of · Last analyzed: Mar 15, 2026
Nemaura Medical Inc. is a medical technology company focused on developing and manufacturing non-invasive continuous glucose monitoring (CGM) systems. Their primary product, sugarBEAT, aims to provide a painless and convenient solution for individuals with diabetes and pre-diabetes to monitor their glucose levels.

Analyst Coverage for NMRD: NMRD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the NMRD film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

Nemaura Medical Inc. (NMRD) Healthcare & Pipeline Overview

CEODewan Fazlul Hoque Chowdhury
Employees38
HeadquartersNew York City, NY, US
IPO Year2018

Nemaura Medical Inc. develops and manufactures the sugarBEAT non-invasive continuous glucose monitoring (CGM) system, targeting individuals with Type I and Type II diabetes and pre-diabetic patients. The company's focus on non-invasive technology differentiates it in the competitive medical device market, offering a potential alternative to traditional CGM methods.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 15, 2026

What Is the Investment Thesis for NMRD?

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

Nemaura Medical Inc. presents a notable research candidate within the medical device sector, driven by the increasing prevalence of diabetes and the demand for non-invasive glucose monitoring solutions. The company's sugarBEAT product offers a potential alternative to traditional CGM systems, appealing to patients seeking a more convenient and painless monitoring experience. Key value drivers include the expansion of sugarBEAT's market reach, regulatory approvals in key geographies, and the successful implementation of diabetes prevention and reversal programs. However, investors may want to evaluate the company's limited financial resources, reliance on regulatory approvals, and competition from established players in the CGM market. The company's beta of -117.34 indicates high volatility.

Based on FMP financials and quantitative analysis

NMRD Key Highlights

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

Nemaura Medical Inc. focuses on non-invasive continuous glucose monitoring (CGM) technology.

  • The company's primary product is sugarBEAT, a non-invasive CGM device.
  • Nemaura Medical also offers proBEAT, a wellness guidance program.
  • The company targets individuals with Type I and Type II diabetes, as well as pre-diabetic patients.
  • Nemaura Medical Inc. was founded in 2009 and is based in New York.

Who Are NMRD's Competitors?

NMRD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
ABT Abbott Laboratories $100.32 +2.89% $169B 70 5-pillar
DXCM DexCom, Inc. $87.02 +1.94% $32.2B 96 5-pillar
BJDX Bluejay Diagnostics, Inc. $0.78 -6.77% 30 5-pillar
NVNO enVVeno Medical Corporation $7.87 -2.90% $5.63M 30 5-pillar
BDMD Baird Medical Investment Holdings Limited $0.78 +4.37% $32.1M —
SNWV SANUWAVE Health, Inc. $4.82 -0.21% $41.5M 36 5-pillar
SRTS Sensus Healthcare, Inc. $2.98 -0.34% $49.1M 31 5-pillar
HYPD Hyperion DeFi, Inc. $3.82 +2.51% $56.5M 36 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are NMRD's Key Strengths?

Non-invasive CGM technology.

  • Focus on diabetes prevention and reversal.
  • Wellness guidance program (proBEAT).
  • Established presence in the US market.

What Are NMRD's Weaknesses?

Limited financial resources.

  • Reliance on regulatory approvals.
  • Competition from established players.
  • Small employee count (36).

What Are the Key Risks for NMRD?

Financial-distress signal — its Altman Z-Score of -23.47 sits in the distress zone (elevated bankruptcy risk).

  • Inconsistent delivery — missed Wall Street EPS estimates in 3 of the last 8 reported quarters.
  • Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
  • Competition from established players in the CGM market.
  • Technological advancements by competitors.
  • Changes in regulatory requirements.
  • Limited financial resources.
  • Reliance on regulatory approvals.

What Are NMRD's Competitive Advantages?

  • Proprietary non-invasive CGM technology.
  • Established brand reputation in the non-invasive glucose monitoring market.
  • Strong relationships with healthcare providers and diabetes management organizations.
  • Intellectual property protection for sugarBEAT technology.

What Does NMRD Do?

Nemaura Medical Inc., established in 2009 and headquartered in New York, is a medical technology company specializing in the development and manufacturing of continuous glucose monitoring (CGM) systems. The company's flagship product, sugarBEAT, is a non-invasive CGM device designed for use by individuals with Type I and Type II diabetes, as well as for screening pre-diabetic patients. Unlike traditional CGM systems that require inserting a sensor under the skin, sugarBEAT utilizes a skin patch to measure glucose levels non-invasively. In addition to sugarBEAT, Nemaura Medical offers proBEAT, a wellness guidance program that provides users with personalized insights and education on factors affecting their blood sugar profiles. This program aims to empower users to make informed lifestyle choices and manage their blood sugar levels effectively. Nemaura also conducts diabetes prevention and reversal programs, further expanding its reach in the diabetes management market. The company's focus on non-invasive technology and comprehensive diabetes management solutions positions it as a player in the evolving healthcare landscape.

What Products and Services Does NMRD Offer?

  • Develop and manufacture non-invasive continuous glucose monitoring (CGM) systems.
  • Offer sugarBEAT, a non-invasive CGM device for individuals with diabetes and pre-diabetes.
  • Provide proBEAT, a wellness guidance program for managing blood sugar levels.
  • Conduct diabetes prevention and reversal programs.
  • Focus on providing painless and convenient glucose monitoring solutions.
  • Target individuals with Type I and Type II diabetes, as well as pre-diabetic patients.

How Does NMRD Make Money?

  • Sales of sugarBEAT CGM devices and related accessories.
  • Subscription fees for the proBEAT wellness guidance program.
  • Revenue from diabetes prevention and reversal programs.
  • Partnerships with healthcare providers and diabetes management organizations.

What Industry Does NMRD Operate In?

The medical device industry is experiencing growth, driven by technological advancements and an aging global population. The market for continuous glucose monitoring (CGM) systems is particularly expanding due to the rising prevalence of diabetes and the increasing adoption of CGM technology for diabetes management. Nemaura Medical Inc. operates in this competitive landscape, facing competition from established players like Abbott and Dexcom, as well as emerging companies developing innovative CGM solutions. The company's focus on non-invasive technology differentiates it in the market, offering a potential advantage in attracting patients seeking a more convenient and painless monitoring experience.

Who Are NMRD's Key Customers?

  • Individuals with Type I diabetes.
  • Individuals with Type II diabetes.
  • Pre-diabetic patients.
  • Healthcare providers.
  • Diabetes management organizations.
Model self-rating on this text: 79% (not a measure of the evidence) Updated: Mar 15, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● No usable price
  • ● No filing on record
  • ● No analyst coverage
Net buying

Insider Activity

12 transactions · 1 purchases, 0 sales, 11 other transactions · 8 identified insiders · most recent available transactions. Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

ROE 249%

Key Financial Metrics

Return on equity for Nemaura Medical Inc. stands at 249.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -97.1%, showing how much profit it generates from its asset base. A current ratio of 0.61 means current liabilities exceed short-term assets, a liquidity point worth watching.

F-Score 1/9

Financial Health

Nemaura Medical Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -23.47 places it in the distress zone, a signal of elevated financial risk.

3/8 beats

Earnings Track Record

Nemaura Medical Inc. has missed Wall Street's EPS estimate in 3 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 6.8% above estimates on average.

FY2026 est

Forward Outlook

Wall Street analysts project Nemaura Medical Inc. revenue of about $3.4M for fiscal 2026, with EPS near $-0.34.

Company Profile

Nemaura Medical Inc. operates in the Medical - Devices industry within the Healthcare sector. It is headquartered in New York City, US. The company is led by CEO Dewan Fazlul Hoque Chowdhury. NMRD has traded publicly since 2018.

NMRD Financials

Fundamental Snapshot

Return on Equity (TTM)
+249.3%
Current Ratio
0.6

Based on FMP financials and quantitative analysis

NMRD Latest News

NMRD Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NMRD.

Price Targets

Wall Street price target analysis for NMRD.

NMRD MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NMRD; grades run from A+ (80-100) to F (below 30).

NMRD OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, encompassing securities that are not eligible for quotation on OTCQX or OTCQB. Companies in this tier often face challenges in meeting minimum financial standards, disclosure requirements, or corporate governance criteria. Investing in OTC Other securities carries significant risks due to the limited information available and the potential for fraud or manipulation. These securities may also be subject to state securities laws, adding another layer of complexity for investors. Companies in this tier may be defunct or experiencing severe financial distress.

  • OTC Tier: OTC Other
Liquidity: Liquidity for stocks on the OTC Other tier is generally very low, with wide bid-ask spreads and limited trading volume. This can make it difficult for investors to buy or sell shares without significantly impacting the price. The lack of liquidity also increases the risk of price manipulation and makes it challenging to establish a fair market value for the security. Investors should exercise extreme caution when trading OTC Other securities due to the inherent liquidity risks.
OTC Risk Factors:
  • Limited financial information and disclosure.
  • Low trading volume and liquidity.
  • Potential for fraud or manipulation.
  • Higher risk of financial distress or bankruptcy.
  • Limited regulatory oversight.
Due Diligence Checklist:
  • Verify the company's registration and compliance with securities laws.
  • Review the company's financial statements, if available.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's management team and track record.
  • Understand the risks associated with investing in OTC Other securities.
  • Consult with a qualified financial advisor.
  • Check for any regulatory actions or legal proceedings against the company.
Legitimacy Signals:
  • Company has been in operation since 2009.
  • Focus on a specific niche market (non-invasive CGM).
  • Has a developed product (sugarBEAT).
  • Has patents or other intellectual property protection.

Nemaura Medical Inc. Healthcare Stock: Key Questions Answered

What are the main risks for NMRD?

Nemaura Medical Inc. faces several risks, including competition from established players in the CGM market like Abbott and Dexcom, who have greater resources and market share.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited financial data available.
  • OTC stock carries higher risk.
  • Analyst coverage is sparse.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis