SCWorx Corp. (WORX) saw downtrend of -7.45% in the recent trading with $1.74 being its most recent. The current price level -88.31% lower than the highest price of $14.88 marked by the stock while trading over the past 52-weeks, whereas it is 74.00% higher than the lowest price of $1.00 the company dropped to over past 52-weeks. The latest news story on WORX appeared in Bloomberg under the title “Fixing the PPE Shortage Should Top Bidens To-Do List” on Nov-10-20.
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Squeezing the time span to 30 day period shows us the stock is currently trading -23.35% below one month high and is +37.01% above of the lowest during that time. Looking into the simple moving average, SCWorx Corp. (WORX)’s stock stands at a SMA-50 of $1.4341 while that of 5-day is reading $1.7180.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.17 billion.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 9.62 million. WORX does have institutional investors; and they hold 1.80% or $13.92 of the stock.
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, WORX declared 3,290 shares have been sold in 1 insider transactions over the past three months.
As on Sep 29, 2020, Vanguard Group, Inc. (The) was the top most holder in SCWorx Corp. (NASDAQ:WORX) with an ownership of 80202.0 shares of the company or 0.81% of the stake worth $0.12 million. The filing also reveals Geode Capital Management, LLC as the second largest holder in the company with a control over 0.42% of the outstanding shares. Its stake is worth $63414.0 for having 41858.0 shares in hand.
HRT Financial LLC also came holding a key position in the company during the recent quarter and it now holds 0.29% of the outstanding shares. With this there are now 8 institutions which have possession in WORX’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the SCWorx Corp. And review of current evaluations agreed by the analysts discloses a Buy rating for WORX. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by SCWorx Corp. was 0.42 while posting a debt to equity ratio of 0.00.
SCWorx Corp.’s return on equity, or ROE, is -189.50%, compared to the industry average of 3.46% for Healthcare – Health Information Services. Although this indicates that WORX fails to use its equity well, the metric will vary significantly depending on the industry.