WORK Medical Technology Group LTD (NASDAQ:WOK – Get Free Report) shares fell 8.2% during mid-day trading on Thursday . The company traded as low as $2.33 and last traded at $2.36. 171,120 shares were traded during trading, a decline of 89% from the average session volume of 1,553,955 shares. The stock had previously closed at $2.57.
Analysts Set New Price Targets
A number of brokerages have recently commented on WOK. Wall Street Zen raised WORK Medical Technology Group to a “hold” rating in a research note on Friday, November 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of WORK Medical Technology Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, WORK Medical Technology Group presently has a consensus rating of “Sell”.
View Our Latest Stock Report on WORK Medical Technology Group
WORK Medical Technology Group Price Performance
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in WORK Medical Technology Group stock. Sabby Management LLC bought a new stake in WORK Medical Technology Group LTD (NASDAQ:WOK – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,724,004 shares of the company’s stock, valued at approximately $204,000. WORK Medical Technology Group makes up 0.2% of Sabby Management LLC’s holdings, making the stock its 18th biggest position. Sabby Management LLC owned about 590.89% of WORK Medical Technology Group as of its most recent SEC filing.
About WORK Medical Technology Group
WORK Medical Technology Group Ltd. engages in developing health instruments. It manufactures and sells medical devices, including endotracheal tubes, laryngeal mask airways, heat and moisture exchanging filters, disposable breathing circuits, nebulizer kits, and yankauer suction sets. The company was founded on March 1, 2022 and is headquartered in Hangzhou, China.
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