Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. OneMedNet Corp’s current trading price is -81.00% away from its 52-week high, while its distance from the 52-week low is 126.19%. The stock’s price range over this period has fluctuated between $0.42 and $5.00. The company, operating within the financial sector, had a trading volume of approximately 5.54 million for the day, which was noticeably higher than the average daily share volume of 0.11 million over the last 3 months.
OneMedNet Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $5.00 on 11/20/23 and the lowest value was $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 decline of -26.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.59M 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 0.8961, with a change in price of -0.2100. Similarly, OneMedNet Corp recorded 378,676 in trading volume during the last 100 days, posting a change of -18.10%.
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
Today, OneMedNet Corp’s raw stochastic average for the past 50 days stands at 80.09%, indicating a rise from the raw stochastic average of the last 20 days, which was 77.50%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 50.73% and 38.31% 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. The metric has seen a significant gain of 17.28% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 86.27%. Over the past 30 days, the price of ONMD has fallen by 43.72%. And in the last five days, it has surged by 17.17%.
