At the end of the latest market close, TRxADE HEALTH Inc. (MEDS) was valued at $1.07. In that particular session, Stock kicked-off at the price of $1.11 while reaching the peak value of $1.11 and lowest value recorded on the day was $1.05. The stock current value is $1.25.Recently in News on September 20, 2022, Wakefern Food Corp. and Bonum Health(TM), LLC (a TRxADE HEALTH Company) Ink a Telemedicine Services Deal. TRxADE HEALTH, INC. (NASDAQ:MEDS)(“TRxADE” or the “Company”) an integrated drug procurement, delivery, and healthcare platform, today announced that Bonum Health, a Digital Healthcare business subsidiary, has signed a Telemedicine Services Distribution Deal with Wakefern Food Corp., to deploy telemedicine services throughout ShopRite pharmacy-led locations in New Jersey, New York, Pennsylvania, Connecticut, and Maryland. You can read further details here
TRxADE HEALTH Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.4700 on 03/29/22, with the lowest value was $1.0300 for the same time period, recorded on 08/25/22.
TRxADE HEALTH Inc. (MEDS) full year performance was -79.20%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, TRxADE HEALTH Inc. shares are logging -76.65% during the 52-week period from high price, and 21.28% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.03 and $5.35.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 23240890 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the TRxADE HEALTH Inc. (MEDS) recorded performance in the market was -54.87%, having the revenues showcasing -26.55% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 9.03M, as it employees total of 47 workers.
Market experts do have their say about TRxADE HEALTH Inc. (MEDS)
During the last month, 0 analysts gave the TRxADE HEALTH Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.4832, with a change in the price was noted -0.53. In a similar fashion, TRxADE HEALTH Inc. posted a movement of -30.11% for the period of last 100 days, recording 276,673 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MEDS is recording 0.28 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.17.
Technical breakdown of TRxADE HEALTH Inc. (MEDS)
Raw Stochastic average of TRxADE HEALTH Inc. in the period of last 50 days is set at 26.32%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 40.82%. In the last 20 days, the company’s Stochastic %K was 22.11% and its Stochastic %D was recorded 20.41%.
Bearing in mind the latest performance of TRxADE HEALTH Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -54.87%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -50.47%, alongside a downfall of -79.20% for the period of the last 12 months. The shares increased approximately by -19.92% in the 7-day charts and went up by -19.93% in the period of the last 30 days. Common stock shares were lifted by -26.55% during last recorded quarter.