Stock Market Recap: OneMedNet Corp (ONMD) Concludes at 0.76, a -4.19 Surge/Decline

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After finishing at $0.79 in the prior trading day, OneMedNet Corp (NASDAQ: ONMD) closed at $0.76, down -4.19%. In other words, the price has decreased by -$4.19 from its previous closing price. On the day, 1.83 million shares were traded. ONMD stock price reached its highest trading level at $0.83 during the session, while it also had its lowest trading level at $0.6662.

Ratios:

Our goal is to gain a better understanding of ONMD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.37.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONMD now has a Market Capitalization of 35226296 and an Enterprise Value of 36896380. For the stock, the TTM Price-to-Sale (P/S) ratio is 76.27. Its current Enterprise Value per Revenue stands at 80.384 whereas that against EBITDA is -3.959.

Stock Price History:

The Beta on a monthly basis for ONMD is 0.92, which has changed by -0.28878504 over the last 52 weeks, in comparison to a change of 0.14064062 over the same period for the S&P500. Over the past 52 weeks, ONMD has reached a high of $1.56, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 45.68%, while the 200-Day Moving Average is calculated to be 5.09%.

Shares Statistics:

The stock has traded on average 13.73M shares per day over the past 3-months and 35284550 shares per day over the last 10 days, according to various share statistics. A total of 46.10M shares are outstanding, with a floating share count of 30.44M. Insiders hold about 33.96% of the company’s shares, while institutions hold 17.95% stake in the company. Shares short for ONMD as of 1753920000 were 994689 with a Short Ratio of 0.07, compared to 1751241600 on 2010137. Therefore, it implies a Short% of Shares Outstanding of 994689 and a Short% of Float of 3.5700000000000003.

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