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WORX’s Debt-to-Equity Ratio at 0.01: What It Means for SCWorx Corp’s Future

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The market performance of SCWorx Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.44 on 04/03/24, while the lowest value for the same duration was $0.75 on 11/15/24.

52-week price history of WORX Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SCWorx Corp’s current trading price is -32.43% away from its 52-week high, while its distance from the 52-week low is 298.12%. The stock’s price range during the 52-week period has remained between $0.75 and $4.44. In the Healthcare sector, the company’s shares saw a trading volume of around 4.23 million for the day, which was evidently higher than the average daily volume of 2.35 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

SCWorx Corp (WORX) has experienced a quarterly rise of 138.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.84M and boasts a workforce of 7 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.23, with a change in price of +1.41. Similarly, SCWorx Corp recorded 1,749,375 in trading volume during the last 100 days, posting a change of +88.68%.

Examining WORX’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WORX stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

WORX Stock Stochastic Average

As of today, SCWorx Corp’s raw stochastic average for the last 50 days stands at 87.87%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 87.87%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 74.59% and 60.19%, respectively.

WORX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 63.04%. However, over the last six months, the performance has been weaker by 48.51%. The price of WORX increased 143.88% over the last 30 days. And in the last five days, it has surged by 206.15%.

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