| 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. The RMED stock yearly return is shown above.
The yearly return on the RMED stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the RMED annual return calculation with any dividends reinvested as applicable (on ex-dates).