CorMedix Inc.'s (NASDAQ:CRMD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

CorMedix Inc.'s (NASDAQ:CRMD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
CorMedix's stock has risen by 25% in the past three months. Analyzing its ROE, which measures profitability relative to shareholder equity, the company's 15% ROE is considered acceptable but falls below the industry average of 19%.