Wellgistics Health Inc [NASDAQ: WGRX] plunged by -$1.32 during the normal trading session on while it closed the day at $3.00.
The market cap for WGRX stock reached $155.82 million, with 51.94 million shares outstanding and 7.40 million shares in the current float. Compared to the average trading volume of 150.19K shares, WGRX reached a trading volume of 12502189 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Wellgistics Health Inc [WGRX]:
The Average True Range (ATR) for Wellgistics Health Inc is set at 0.85, with the Price to Sales ratio for WGRX stock in the period of the last 12 months amounting to 8.59. The Price to Book ratio for the last quarter was 23.14, with the Price to Cash per share for the same quarter was set at 0.02.
WGRX stock trade performance evaluation
Wellgistics Health Inc [WGRX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -30.23.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WGRX stock in for the last two-week period is set at 38.07, with the RSI for the last a single of trading hit 31.17, and the three-weeks RSI is set at 41.72 for Wellgistics Health Inc [WGRX]. The present Moving Average for the last 50 days of trading for this stock 3.73, while it was recorded at 4.18 for the last single week of trading.
Wellgistics Health Inc [WGRX]: An insightful look at the core fundamentals
Wellgistics Health Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.38.