Wellgistics Health Inc ‘s stock market performance has been somewhat erratic.
52-week price history of WGRX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Wellgistics Health Inc’s current trading price is -81.25% away from its 52-week high, while its distance from the 52-week low is 75.67%. The stock’s price range during this period has spanned from $0.75 to $7.04. In the Healthcare sector, the Wellgistics Health Inc’s shares surpassed a trading volume of approximately 24.52 million for the day, which was noticeably higher compared to the average daily volume of 9.0.4 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Wellgistics Health Inc (WGRX) has experienced a quarterly decline of -64.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 94.85M.
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 2.6732, with a change in price of -1.6500. Similarly, Wellgistics Health Inc recorded 441,714 in trading volume during the last 100 days, posting a change of -54.46%.
Examining WGRX’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 WGRX stands at 5.75. Similarly, the long-term debt-to-equity ratio is also 1.64.
WGRX Stock Stochastic Average
Today’s raw stochastic average for Wellgistics Health Inc over the last 50 days is 10.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 83.97%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 41.90% and 22.79%, respectively.
WGRX 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.
