The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. OneMedNet Corp.’s current trading price is -92.65% away from its 52-week high, while its distance from the 52-week low is 136.29%. The stock’s price range for this period has been between $0.42 and $13.51 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 8.79 million for the day, a number notably higher than the average daily volume of 7.15 million over the last three months.
OneMedNet Corp. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $13.51 on 10/25/23, while the lowest price for the same period was registered at $0.42 on 01/19/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
OneMedNet Corp. (ONMD) has experienced a quarterly rise of 77.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.67M and boasts a workforce of 20 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9418, with a change in price of +0.2445. Similarly, OneMedNet Corp. recorded 4,735,659 in trading volume during the last 100 days, posting a change of +32.69%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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 presently 18.38%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 36.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 16.70% and 9.61%, respectively.
ONMD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 22.52% this year. Over the last six months, there has been a weaker performance of 74.44%. The price of ONMD fallen by 9.03% during the last 30 days period. For the last 5-days stocks have improved 9.05%.
