Chembio Diagnostics Inc (CEMI.PK)

Chembio Diagnostics Inc is based in New York. The company's shares are listed on the Pink Sheets and the OTCBB under the symbols CEMI.PK and CEMI.OB, respectively. There are extra risks associated with investing in Pink Sheet stocks. Due to the fact that the company is listed on two exchanges, the shares may be slightly more marketable.

There are 97 employees in this small company. The company's employee count looks like it can be currently adequate for running their small business. If you are thinking about investing in this company, you should really evaluate how the size of their staff and their qualifications can effect the performance of the company.

As of Jan 6, 2009, the share price of the company's stock was $0.14. At the moment, the share price is 76.32 % lower than its 52 week high of $0.57. The share price is under $1.00 which is usually not a good sign. Typically stocks in this price range have troubles with the company's performance. The stock is hitting new 52 week lows. Counter-trend investors might find this an opportunity to buy some of it. But such an approach may not always be successful. This stock is trading with little average volume, which indicates potential problems with liquidity.

The company has issued some recent news. On Dec 01, 2008, Chembio Diagnostics Inc released the following news: " Chembio Donates HIV Tests to Support World AIDS Day 2008 Testing Initiative " Although this news is apparently exciting, its effect on the company's share price is still not clear.