Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 113,366 shares, a drop of 66.2% from the April 30th total of 335,110 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average daily volume of 10,523,685 shares, the days-to-cover ratio is presently 0.0 days.
Analysts Set New Price Targets
Several equities analysts have commented on MNDR shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Friday, March 27th. Wall Street Zen raised shares of Mobile-health Network Solutions to a “hold” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on MNDR
Institutional Inflows and Outflows
Mobile-health Network Solutions Stock Performance
Shares of MNDR traded up $0.01 during mid-day trading on Friday, reaching $0.78. The company had a trading volume of 113,347 shares, compared to its average volume of 5,910,861. The firm has a 50-day moving average price of $0.91 and a 200 day moving average price of $1.16. Mobile-health Network Solutions has a 52 week low of $0.66 and a 52 week high of $7.95.
Mobile-health Network Solutions’s stock is set to reverse split before the market opens on Monday, June 22nd. The 1-6 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 21st.
Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported ($0.26) earnings per share (EPS) for the quarter. The business had revenue of $1.97 million during the quarter.
About Mobile-health Network Solutions
Mobile-health Network Solutions, an investment holding company, provides telehealth solutions in Singapore. The company operates in two segments, Telemedicine and Other Services, and Sale of Medicine and Medical Devices. It offers MaNaDr platform, a 360-degree healthcare ecosystem, which connects users and service providers through the range of healthcare services and product offerings that can be accessed through the mobile application and website. The company also provides a range of primary healthcare services, including general medical consultations, treatment and management of acute and chronic conditions in adults and children, vaccinations, and health screenings for work permit applications, as well as pre-employment health screening, children's health services, geriatric care services, and minor surgical procedures.
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