In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $0.75 in the prior trading day, Wellgistics Health Inc (NASDAQ: WGRX) closed at $0.87, up 16.05%. In other words, the price has increased by $16.05 from its previous closing price. On the day, 4.26 million shares were traded. WGRX stock price reached its highest trading level at $0.886 during the session, while it also had its lowest trading level at $0.7344.
Ratios:
Our goal is to gain a better understanding of WGRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.36. In the meantime, Its Debt-to-Equity ratio is 5.75 whereas as Long-Term Debt/Eq ratio is at 1.64.
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 65907120 and an Enterprise Value of 76714224. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 11.94. Its current Enterprise Value per Revenue stands at 2.646.
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 -11.21%, while the 200-Day Moving Average is calculated to be -63.10%.
Shares Statistics:
The stock has traded on average 2.30M shares per day over the past 3-months and 9689960 shares per day over the last 10 days, according to various share statistics. A total of 61.46M shares are outstanding, with a floating share count of 10.49M. Insiders hold about 86.15% of the company’s shares, while institutions hold 0.81% stake in the company. Shares short for WGRX as of 1753920000 were 680069 with a Short Ratio of 0.30, compared to 1751241600 on 336737. Therefore, it implies a Short% of Shares Outstanding of 680069 and a Short% of Float of 1.3300001000000001.
