OneMedNet Corp.’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects


OneMedNet Corp.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $13.51 on 10/25/23, and the lowest price during that time was $0.42, recorded on 01/19/24.

52-week price history of ONMD Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. OneMedNet Corp.’s current trading price is -90.90% away from its 52-week high, while its distance from the 52-week low is 192.86%. The stock’s price range during this period has fluctuated between $0.42 and $13.51. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.58 million for the day, which was evidently lower than the average daily volume of 7.1 million over the last three months.

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Financial Performance and Market Capitalization

OneMedNet Corp. (ONMD) has experienced a quarterly rise of 59.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.34M and boasts a workforce of 20 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9213, with a change in price of +0.3527. Similarly, OneMedNet Corp. recorded 4,884,976 in trading volume during the last 100 days, posting a change of +40.20%.

ONMD Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ONMD stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.53.

ONMD Stock Stochastic Average

OneMedNet Corp.’s raw stochastic average for the past 50 days is currently at 26.54%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 42.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.48% and 10.50%, respectively.

ONMD Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 51.85%. However, over the last six months, the performance has been weaker by 63.22%. The price of ONMD decreased -33.87% over the last 30 days. And in the last five days, it has surged by 31.83%.

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