Bmithrush1.3 is the exchange rate. VMD's financials are in US dollars. BTW - there are a number of ways to look at valuations, but in the end none will give you the valuation the market current places on a stock. Lots of other factors also come into play (there were about 5 on the down side over the last year and some of the upside as well). VMD is a very volatile stock and the stock price can spike on some days. The spike down yesterday could of been triggered by a stop loss selling (as it broke the $8 support level, which it held for months. We have seen this before) and retail panic selling (also seen this before). With this stock, a 20,000 market sell order can send the stock down significantly and I think we seen a number of sell orders yesterday). Management is working towards building a leader in the respiratory space and they had to make some significant investments during 2019 to set the company up for continued growth. If you are a long term investor, envision where the company will be in 2-3 years. Short term, the sp is simply volatile.