Work Medical Technology Group Ltd [NASDAQ: WOK] loss -3.83% on the last trading session, reaching $0.08 price per share at the time.
Work Medical Technology Group Ltd represents 86.65 million in outstanding shares, while the company has a total market value of $6.75 million with the latest information. WOK stock price has been found in the range of $0.075 to $0.0848.
If compared to the average trading volume of 9.79M shares, WOK reached a trading volume of 23018061 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Work Medical Technology Group Ltd [WOK]:
The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 0.03.
Trading performance analysis for WOK stock
Work Medical Technology Group Ltd [WOK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.59. With this latest performance, WOK shares dropped by -90.01% in over the last four-week period, additionally sinking by -85.41% over the last 6 months – not to mention a drop of -98.38% 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 WOK stock in for the last two-week period is set at 14.87, with the RSI for the last a single of trading hit 0.0682, and the three-weeks RSI is set at 0.0627 for Work Medical Technology Group Ltd [WOK]. The present Moving Average for the last 50 days of trading for this stock 0.6813, while it was recorded at 0.0768 for the last single week of trading, and 1.3140 for the last 200 days.
Work Medical Technology Group Ltd (WOK) Capital Structure & Debt Analysis
Work Medical Technology Group Ltd (WOK) Efficiency & Liquidity Metrics
Based on Work Medical Technology Group Ltd’s (WOK) latest financial statements, the Debt-to-Equity Ratio is 1.01%, indicating its reliance on debt financing relative to shareholder equity.
Work Medical Technology Group Ltd (WOK) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Work Medical Technology Group Ltd [WOK]
There are presently around $8.32%, or 8.90%% of WOK stock, in the hands of institutional investors.
