Wellgistics Health Inc [NASDAQ: WGRX] price surged by 9.78 percent to reach at $0.09.
A sum of 32699451 shares traded at recent session while its average daily volume was at 397.62K shares. Wellgistics Health Inc shares reached a high of $1.74 and dropped to a low of $0.938 until finishing in the latest session at $1.01.
Guru’s Opinion on Wellgistics Health Inc [WGRX]:
The Price to Book ratio for the last quarter was 13.86, with the Price to Cash per share for the same quarter was set at 0.04.
WGRX Stock Performance Analysis:
Wellgistics Health Inc [WGRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.75.
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 42.21, with the RSI for the last a single of trading hit 0.2145, and the three-weeks RSI is set at 0.2606 for Wellgistics Health Inc [WGRX]. The present Moving Average for the last 50 days of trading for this stock 1.6446, while it was recorded at 0.8900 for the last single week of trading.
Insight into Wellgistics Health Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Wellgistics Health Inc [WGRX] shares currently have an operating margin of -129.05% and a Gross Margin at 1.87%. Wellgistics Health Inc’s Net Margin is presently recorded at -135.22%.
Wellgistics Health Inc (WGRX) Capital Structure & Debt Analysis
According to recent financial data for Wellgistics Health Inc. ( WGRX), the Return on Equity (ROE) stands at -5209.10%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -132.98%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Wellgistics Health Inc’s Return on Invested Capital (ROIC) is -331.18%, showcasing its effectiveness in deploying capital for earnings.
Wellgistics Health Inc (WGRX) Efficiency & Liquidity Metrics
Based on Wellgistics Health Inc’s (WGRX) latest financial statements, the Debt-to-Equity Ratio is 5.75%, indicating its reliance on debt financing relative to shareholder equity.
Wellgistics Health Inc (WGRX) Efficiency & Liquidity Metrics
Wellgistics Health Inc [WGRX] Institutonal Ownership Details
There are presently around $0.49%, or 1.27%% of WGRX stock, in the hands of institutional investors.
