The 36-month beta value for ONMD is also noteworthy at 0.48.
The public float for ONMD is 15.89M, and at present, short sellers hold a 0.71% of that float. The average trading volume of ONMD on January 10, 2025 was 311.78K shares.
ONMD) stock’s latest price update
OneMedNet Corp (NASDAQ: ONMD)’s stock price has gone decline by -10.61 in comparison to its previous close of 1.32, however, the company has experienced a -13.24% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-12-30 that MINNEAPOLIS, Dec. 30, 2024 (GLOBE NEWSWIRE) — OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), a global provider of clinical imaging innovation and curator of regulatory-grade Imaging Real World Data (“iRWD™”), inclusive of electronic health records, laboratory results and, uniquely, medical imaging, today announced that the Company regained compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) based on the filing of its periodic reports on Form 10-Q for the fiscal quarters ended March 31, June 30 and September 30, 2024. The Company received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) confirming compliance with the Rule.
ONMD’s Market Performance
ONMD’s stock has fallen by -13.24% in the past week, with a monthly rise of 26.41% and a quarterly rise of 53.25%. The volatility ratio for the week is 11.05% while the volatility levels for the last 30 days are 13.67% for OneMedNet Corp The simple moving average for the past 20 days is -1.40% for ONMD’s stock, with a 24.02% simple moving average for the past 200 days.
ONMD Trading at 16.21% 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 -64.99% of loss for the given period.
Volatility was left at 13.67%, however, over the last 30 days, the volatility rate increased by 11.05%, as shares surge +28.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.67% upper at present.
During the last 5 trading sessions, ONMD fell by -13.24%, which changed the moving average for the period of 200-days by +55.88% in comparison to the 20-day moving average, which settled at $1.1970. In addition, OneMedNet Corp saw -13.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ONMD
Current profitability levels for the company are sitting at:
- -11.39 for the present operating margin
- -0.26 for the gross margin
The net margin for OneMedNet Corp stands at -27.15. The total capital return value is set at 0.77.
Based on OneMedNet Corp (ONMD), the company’s capital structure generated -1.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at -0.62. The interest coverage ratio of the stock is -29.87.
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 41.65. The receivables turnover for the company is 15.2for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.
Conclusion
In summary, OneMedNet Corp (ONMD) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
