OneMedNet Corp [NASDAQ: ONMD] surged by $1.53 during the normal trading session on Monday and reaching a high of $3.67 during the day while it closed the day at $2.56.
OneMedNet Corp stock has also gained 141.51% of its value over the past 7 days. However, ONMD stock has inclined by 361.26% in the 3 months of the year. Over the past six months meanwhile, it has gained 428.27% and gained 341.15% year-on date.
The market cap for ONMD stock reached $118.01 million, with 46.10 million shares outstanding and 30.44 million shares in the current float. Compared to the average trading volume of 6.14M shares, ONMD reached a trading volume of 283947570 in the most recent trading day, which is why market watchdogs consider the stock to be active.
ONMD stock trade performance evaluation
OneMedNet Corp [ONMD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 141.51. With this latest performance, ONMD shares gained by 194.76% in over the last four-week period, additionally plugging by 428.27% over the last 6 months – not to mention a rise of 88.24% in the past year of trading.
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 ONMD stock in for the last two-week period is set at 91.24, with the RSI for the last a single of trading hit 0.3700, and the three-weeks RSI is set at 0.2200 for OneMedNet Corp [ONMD]. The present Moving Average for the last 50 days of trading for this stock 0.8100, while it was recorded at 1.3500 for the last single week of trading, and 0.7300 for the last 200 days.
OneMedNet Corp [ONMD]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and OneMedNet Corp [ONMD] shares currently have an operating margin of -2030.43% and a Gross Margin at -142.83%. OneMedNet Corp’s Net Margin is presently recorded at -728.70%.
OneMedNet Corp (ONMD) Capital Structure & Debt Analysis
OneMedNet Corp (ONMD) Efficiency & Liquidity Metrics
OneMedNet Corp (ONMD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, OneMedNet Corp. (ONMD) effectively leverages its workforce, generating an average of -$152272.73 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.37% and a Quick Ratio of 0.37%, indicating strong ability to cover short-term liabilities.
OneMedNet Corp [ONMD]: Institutional Ownership
There are presently around $10.97%, or 20.50%% of ONMD stock, in the hands of institutional investors.
