Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
MDxHealth SA (NASDAQ: MDXH) closed the day trading at $2.15 down -2.27% from the previous closing price of $2.20. In other words, the price has decreased by -$2.27 from its previous closing price. On the day, 78387.0 shares were traded. MDXH stock price reached its highest trading level at $2.23 during the session, while it also had its lowest trading level at $2.09.
Ratios:
For a better understanding of MDXH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 3.26 whereas as Long-Term Debt/Eq ratio is at 3.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on October 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On May 31, 2023, TD Cowen started tracking the stock assigning a Outperform rating and target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDXH now has a Market Capitalization of 106419200 and an Enterprise Value of 66203876. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 5.98. Its current Enterprise Value per Revenue stands at 0.782 whereas that against EBITDA is -3.292.
Stock Price History:
Over the past 52 weeks, MDXH has reached a high of $4.64, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 3.53%, while the 200-Day Moving Average is calculated to be -13.11%.
Shares Statistics:
Over the past 3-months, MDXH traded about 126.17K shares per day on average, while over the past 10 days, MDXH traded about 107310 shares per day. A total of 47.29M shares are outstanding, with a floating share count of 21.76M. Insiders hold about 20.27% of the company’s shares, while institutions hold 66.43% stake in the company. Shares short for MDXH as of 1734048000 were 24561 with a Short Ratio of 0.19, compared to 1731628800 on 16217. Therefore, it implies a Short% of Shares Outstanding of 24561 and a Short% of Float of 0.059999997.
