The stock of SCWorx Corp (WORX) has gone up by 174.41% for the week, with a 118.59% rise in the past month and a 113.40% rise in the past quarter. The volatility ratio for the week is 24.61%, and the volatility levels for the past 30 days are 12.53% for WORX. The simple moving average for the past 20 days is 111.24% for WORX’s stock, with a 61.70% simple moving average for the past 200 days.
Is It Worth Investing in SCWorx Corp (NASDAQ: WORX) Right Now?
The public float for WORX is 1.55M, and at present, short sellers hold a 0.62% of that float. On November 25, 2024, the average trading volume of WORX was 2.35M shares.
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WORX) stock’s latest price update
SCWorx Corp (NASDAQ: WORX) has experienced a rise in its stock price by 28.04 compared to its previous closing price of 2.10. However, the company has seen a gain of 174.41% in its stock price over the last five trading days. globenewswire.com reported 2024-11-20 that NEW YORK, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) — SCWorx Corp. (Nasdaq: WORX) (the “Company”), a provider of data management services to healthcare providers, announced today that it has regained compliance with The Nasdaq Stock Market’s (“Nasdaq”) continued listing requirements regarding periodic reporting.
WORX Trading at 117.73% from the 50-Day Moving Average
After a stumble in the market that brought WORX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.44% of loss for the given period.
Volatility was left at 12.53%, however, over the last 30 days, the volatility rate increased by 24.61%, as shares surge +117.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +108.08% upper at present.
During the last 5 trading sessions, WORX rose by +164.37%, which changed the moving average for the period of 200-days by +116.08% in comparison to the 20-day moving average, which settled at $1.27. In addition, SCWorx Corp saw 46.14% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WORX
Current profitability levels for the company are sitting at:
- -0.29 for the present operating margin
- 0.29 for the gross margin
The net margin for SCWorx Corp stands at -1.09. The total capital return value is set at -0.21. Equity return is now at value -65.95, with -45.77 for asset returns.
Based on SCWorx Corp (WORX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -21.5. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -14.88.
Currently, EBITDA for the company is -3.97 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The receivables turnover for the company is 5.9for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.
Conclusion
To sum up, SCWorx Corp (WORX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
