Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, OneMedNet Corp’s stock clocked out at $1.16, up 6.42% from its previous closing price of $1.09. In other words, the price has increased by $6.42 from its previous closing price. On the day, 90113.0 shares were traded. ONMD stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.1001.
Ratios:
To gain a deeper understanding of ONMD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.23.
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 32465384 and an Enterprise Value of 30335318. Its current Enterprise Value per Revenue stands at 29.692 whereas that against EBITDA is -3.635.
Stock Price History:
The Beta on a monthly basis for ONMD is 0.47, which has changed by 1.6303854 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ONMD has reached a high of $3.37, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is 11.08%, while the 200-Day Moving Average is calculated to be 20.61%.
Shares Statistics:
It appears that ONMD traded 315.44K shares on average per day over the past three months and 119320 shares per day over the past ten days. A total of 27.99M shares are outstanding, with a floating share count of 15.89M. Insiders hold about 43.24% of the company’s shares, while institutions hold 33.02% stake in the company. Shares short for ONMD as of 1731628800 were 277896 with a Short Ratio of 0.18, compared to 1728950400 on 298158. Therefore, it implies a Short% of Shares Outstanding of 277896 and a Short% of Float of 1.97.