OneMedNet Corp [ONMD] Revenue clocked in at $0.46 million, up 307.79% YTD: What’s Next?

Misty Lee

OneMedNet Corp [NASDAQ: ONMD] gained 17.60% or 0.47 points to close at $3.14 with a heavy trading volume of 29152966 shares.

It opened the trading session at $2.825, the shares rose to $4.22 and dropped to $2.8, the range by which the price of stock traded the whole day. The daily chart for ONMD points out that the company has recorded 492.45% gains over the past six months.

If we look at the average trading volume of 10.75M shares, ONMD reached to a volume of 29152966 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Trading performance analysis for ONMD stock

OneMedNet Corp [ONMD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 204.85. With this latest performance, ONMD shares gained by 245.89% in over the last four-week period, additionally plugging by 492.45% over the last 6 months – not to mention a rise of 130.88% in the past year of trading.

OneMedNet Corp [ONMD]: A deeper dive into fundamental analysis

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.

An analysis of Institutional ownership at OneMedNet Corp [ONMD]

There are presently around $10.97%, or 20.50%% of ONMD stock, in the hands of institutional investors.

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