Quarterly Snapshot: Quick and Current Ratios for Wellgistics Health Inc (WGRX)

Abby Carey

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The closing price of Wellgistics Health Inc (NASDAQ: WGRX) was $1.37 for the day, down -0.72% from the previous closing price of $1.38. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.61 million shares were traded. WGRX stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.365.

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 115167808 and an Enterprise Value of 125594576. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 95.54. Its current Enterprise Value per Revenue stands at 3.419 whereas that against EBITDA is -3.169.

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 $0.62. The 50-Day Moving Average of the stock is 26.33%, while the 200-Day Moving Average is calculated to be -38.01%.

Shares Statistics:

WGRX traded an average of 3.17M shares per day over the past three months and 949360 shares per day over the past ten days. A total of 63.14M shares are outstanding, with a floating share count of 11.64M. Insiders hold about 86.15% of the company’s shares, while institutions hold 0.73% stake in the company. Shares short for WGRX as of 1756425600 were 814457 with a Short Ratio of 0.26, compared to 1753920000 on 680069. Therefore, it implies a Short% of Shares Outstanding of 814457 and a Short% of Float of 1.37.

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