logo

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

surveying

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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%.

Most Popular