SCWorx Corp. (NASDAQ:WORX – Free Report)’s stock is scheduled to reverse split before the market opens on Tuesday, August 4th. The 1-12 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, August 3rd.
SCWorx Price Performance
Shares of NASDAQ WORX traded up $0.11 during midday trading on Friday, hitting $0.73. The company’s stock had a trading volume of 16,325 shares, compared to its average volume of 434,428. The firm has a market capitalization of $774,108.50, a price-to-earnings ratio of -0.05 and a beta of 1.60. The business’s fifty day simple moving average is $0.44 and its two-hundred day simple moving average is $1.59. SCWorx has a 1 year low of $0.26 and a 1 year high of $9.85.
SCWorx (NASDAQ:WORX – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $0.74 million during the quarter. SCWorx had a negative net margin of 154.41% and a negative return on equity of 72.19%.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on WORX
Institutional Trading of SCWorx
A hedge fund recently bought a new position in SCWorx stock. Citadel Advisors LLC purchased a new position in SCWorx Corp. (NASDAQ:WORX – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 121,779 shares of the company’s stock, valued at approximately $35,000. Citadel Advisors LLC owned about 1.55% of SCWorx as of its most recent SEC filing. Institutional investors and hedge funds own 1.88% of the company’s stock.
About SCWorx
SCWorx Corp. develops and markets health care information technology solutions and related services to improve healthcare processes and information flow within hospitals and other healthcare facilities in the United States. The company provides data content and services related to repair, normalization, and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. It also offers virtualized item master file repair, expansion, and automation; electronic medical record management; charge description master management; contract management; request for proposal automation; rebate management; integration of acquired management; big data analytics modeling; data integration and warehousing; and ScanWorx.
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