Daily Progress: SCWorx Corp (WORX) Drop -1.02%, Closing at $0.28

Nora Barnes

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, SCWorx Corp (NASDAQ: WORX) closed at $0.28 down -1.02% from its previous closing price of $0.28. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 1.28 million shares were traded. WORX stock price reached its highest trading level at $0.284 during the session, while it also had its lowest trading level at $0.2736.

Ratios:

For a deeper understanding of SCWorx Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WORX now has a Market Capitalization of 3405319 and an Enterprise Value of 2078452. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 0.732.

Stock Price History:

The Beta on a monthly basis for WORX is 1.91, which has changed by -0.757265 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, WORX has reached a high of $3.31, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -7.59%, while the 200-Day Moving Average is calculated to be -53.34%.

Shares Statistics:

For the past three months, WORX has traded an average of 4.82M shares per day and 4187390 over the past ten days. A total of 12.11M shares are outstanding, with a floating share count of 11.62M. Insiders hold about 4.02% of the company’s shares, while institutions hold 1.39% stake in the company. Shares short for WORX as of 1760486400 were 1142514 with a Short Ratio of 0.24, compared to 1757894400 on 38922. Therefore, it implies a Short% of Shares Outstanding of 1142514 and a Short% of Float of 9.5.

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