In yesterday’s Wall Street session, SCWorx Corp. (NASDAQ:WORX) shares traded at $0.22, down -13.96% from the previous session.
WORX stock price is now -8.82% away from the 50-day moving average and -35.53% away from the 200-day moving average. The market capitalization of the company currently stands at $3.69M.
A total of 19.41% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in WORX stock. A new stake in SCWorx Corp. shares was purchased by VIRTU FINANCIAL LLC during the first quarter worth $12,000. CUBIST SYSTEMATIC STRATEGIES, LLC invested $8,000 in shares of WORX during the first quarter. In the first quarter, HRT FINANCIAL LP acquired a new stake in SCWorx Corp. valued at approximately $5,000. UBS GROUP AG acquired a new stake in WORX for approximately $4,000. In total, there are 11 active investors with 2.80% ownership of the company’s stock.
Tuesday morning saw SCWorx Corp. (NASDAQ: WORX) opened at $0.2266. During the past 12 months, SCWorx Corp. has had a low of $0.18 and a high of $0.96. The fifty day moving average price for WORX is $0.2449 and a two-hundred day moving average price translates $0.3479 for the stock.
The latest earnings results from SCWorx Corp. (NASDAQ: WORX) was released for Jun, 2023. The net profit margin was -30.30% and return on equity was -18.20% for WORX. The company reported revenue of $0.99 million for the quarter, compared to $0.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.1 percent.
SCWorx Corp.(WORX) Company Profile
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. In addition, the company focuses on selling personal protective equipment and COVID-19 rapid test kits. It sells its solutions and services to hospitals and health systems through its direct sales force, and distribution and reseller partnerships. SCWorx Corp. is based in New York, New York.