Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Shares Up 1.9% – Should You Buy?

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOCGet Free Report) shares traded up 1.9% on Friday . The company traded as high as $29.8750 and last traded at $29.45. 3,951 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 24,744 shares. The stock had previously closed at $28.9095.

Global X Telemedicine & Digital Health ETF Price Performance

The stock has a market cap of $106.31 million, a price-to-earnings ratio of 42.80 and a beta of 0.88. The business’s 50 day moving average is $28.56 and its 200 day moving average is $26.61.

Global X Telemedicine & Digital Health ETF Company Profile

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The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.

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