Company’s 36-month beta value is 0.62.
The public float for ONMD is 11.32M, and currently, short sellers hold a 2.45% ratio of that floaft. The average trading volume of ONMD on December 02, 2024 was 224.95K shares.
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ONMD) stock’s latest price update
OneMedNet Corp (NASDAQ: ONMD)’s stock price has gone rise by 2.50 in comparison to its previous close of 0.94, however, the company has experienced a 8.88% increase in its stock price over the last five trading days. globenewswire.com reported 2024-12-02 that MINNEAPOLIS, Dec. 02, 2024 (GLOBE NEWSWIRE) — OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), a Real-World Data (RWD) platform — has announced its collaboration with Bayer’s AI Innovation Platform (AIIP). By joining AIIP, the partnership aims to empower the developer teams of healthcare organizations and startups in building scalable and compliant AI-powered medical imaging software products.
ONMD’s Market Performance
ONMD’s stock has risen by 8.88% in the past week, with a monthly rise of 12.17% and a quarterly drop of -2.77%. The volatility ratio for the week is 12.88% while the volatility levels for the last 30 days are 15.16% for OneMedNet Corp The simple moving average for the past 20 days is 11.20% for ONMD’s stock, with a 6.32% simple moving average for the past 200 days.
ONMD Trading at 25.23% from the 50-Day Moving Average
After a stumble in the market that brought ONMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.25% of loss for the given period.
Volatility was left at 15.16%, however, over the last 30 days, the volatility rate increased by 12.88%, as shares surge +14.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.13% upper at present.
During the last 5 trading sessions, ONMD rose by +5.10%, which changed the moving average for the period of 200-days by +23.51% in comparison to the 20-day moving average, which settled at $0.8648. In addition, OneMedNet Corp saw 18.95% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ONMD
Current profitability levels for the company are sitting at:
- -6.29 for the present operating margin
- -0.05 for the gross margin
The net margin for OneMedNet Corp stands at -23.2. The total capital return value is set at 0.42.
Based on OneMedNet Corp (ONMD), the company’s capital structure generated -0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 2.85. The debt to equity ratio resting at -0.4. The interest coverage ratio of the stock is -11.93.
Currently, EBITDA for the company is -22.43 million with net debt to EBITDA at -0.27. When we switch over and look at the enterprise to sales, we see a ratio of 37.81. The receivables turnover for the company is 5.42for trailing twelve months and the total asset turnover is 1.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In a nutshell, OneMedNet Corp (ONMD) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
