Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Wellgistics Health Inc (NASDAQ: WGRX) was $0.48 for the day, down -6.14% from the previous closing price of $0.51. In other words, the price has decreased by -$6.14 from its previous closing price. On the day, 0.65 million shares were traded. WGRX stock price reached its highest trading level at $0.522 during the session, while it also had its lowest trading level at $0.467.
Ratios:
Our analysis of WGRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 27.33 whereas as Long-Term Debt/Eq ratio is at 12.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WGRX now has a Market Capitalization of 43875340 and an Enterprise Value of 59739876. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 33.47. Its current Enterprise Value per Revenue stands at 1.626 whereas that against EBITDA is -1.507.
Stock Price History:
Over the past 52 weeks, WGRX has reached a high of $7.04, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -53.45%, while the 200-Day Moving Average is calculated to be -76.44%.
Shares Statistics:
WGRX traded an average of 3.38M shares per day over the past three months and 789480 shares per day over the past ten days. A total of 63.14M shares are outstanding, with a floating share count of 12.66M. Insiders hold about 86.15% of the company’s shares, while institutions hold 0.67% stake in the company. Shares short for WGRX as of 1759190400 were 1271988 with a Short Ratio of 0.38, compared to 1756425600 on 814457. Therefore, it implies a Short% of Shares Outstanding of 1271988 and a Short% of Float of 1.91.
