OneMedNet Corp [NASDAQ: ONMD] stock went on a downward path that fall over -2.74% on Wednesday, amounting to a one-week price increase of more than 16.39%.
Over the last 12 months, ONMD stock rose by 4.41%.
The market cap for the stock reached $72.43 million, with 49.73 million shares outstanding and 16.33 million shares in the current float. Compared to the average trading volume of 5.84M shares, ONMD stock reached a trading volume of 297720 in the most recent trading day, which is why market watchdogs consider the stock to be active.
ONMD Stock Performance Analysis:
OneMedNet Corp [ONMD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.39. With this latest performance, ONMD shares dropped by -35.45% in over the last four-week period, additionally plugging by 240.53% over the last 6 months – not to mention a rise of 4.41% 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 44.14, with the RSI for the last a single of trading hit 0.1934, and the three-weeks RSI is set at 0.2348 for OneMedNet Corp [ONMD]. The present Moving Average for the last 50 days of trading for this stock 1.7705, while it was recorded at 1.3300 for the last single week of trading, and 0.8851 for the last 200 days.
Insight into OneMedNet Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and OneMedNet Corp [ONMD] shares currently have an operating margin of -1856.16% and a Gross Margin at -160.61%. OneMedNet Corp’s Net Margin is presently recorded at -411.11%.
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 -$92727.27 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.29% and a Quick Ratio of 0.29%, indicating strong ability to cover short-term liabilities.
OneMedNet Corp [ONMD] Institutonal Ownership Details
There are presently around $23.86%, or 73.61%% of ONMD stock, in the hands of institutional investors.
