Market Watch: Wellgistics Health Inc (WGRX)’s Noteworthy Gain%, Closing at $0.4

Abby Carey

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.

As of close of business last night, Wellgistics Health Inc’s stock clocked out at $0.4, up 8.71% from its previous closing price of $0.37. In other words, the price has increased by $8.71 from its previous closing price. On the day, 0.78 million shares were traded. WGRX stock price reached its highest trading level at $0.4183 during the session, while it also had its lowest trading level at $0.3511.

Ratios:

To gain a deeper understanding of WGRX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.39. In the meantime, Its Debt-to-Equity ratio is 3.86 whereas as Long-Term Debt/Eq ratio is at 1.96.

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 40796220 and an Enterprise Value of 61828524. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 5.27. Its current Enterprise Value per Revenue stands at 1.814 whereas that against EBITDA is -0.895.

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 $0.34. The 50-Day Moving Average of the stock is -29.82%, while the 200-Day Moving Average is calculated to be -74.86%.

Shares Statistics:

It appears that WGRX traded 14.13M shares on average per day over the past three months and 445910 shares per day over the past ten days. A total of 89.45M shares are outstanding, with a floating share count of 39.44M. Insiders hold about 56.05% of the company’s shares, while institutions hold 4.89% stake in the company. Shares short for WGRX as of 1765756800 were 865399 with a Short Ratio of 0.06, compared to 1763078400 on 1678187. Therefore, it implies a Short% of Shares Outstanding of 865399 and a Short% of Float of 1.38.

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