The public float for WOK is 3.43M, and currently, short sellers hold a 8.78% ratio of that floaft. The average trading volume of WOK on May 12, 2025 was 2.19M shares.
WOK) stock’s latest price update
The stock of Work Medical Technology Group Ltd (NASDAQ: WOK) has increased by 17.54 when compared to last closing price of 0.47.Despite this, the company has seen a gain of 22.38% in its stock price over the last five trading days. globenewswire.com reported 2025-04-11 that Hangzhou, China, April 11, 2025 (GLOBE NEWSWIRE) — WORK Medical Technology Group LTD (Nasdaq: WOK) (“WORK Medical” or the “Company”), a supplier of medical devices, through its subsidiary, Work (Hangzhou) Medical Treatment Equipment Co., Ltd. and its subsidiaries in China, today announced that the Company received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on April 7, 2025, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.
WOK’s Market Performance
Work Medical Technology Group Ltd (WOK) has seen a 22.38% rise in stock performance for the week, with a 34.24% gain in the past month and a -74.29% plunge in the past quarter. The volatility ratio for the week is 14.05%, and the volatility levels for the past 30 days are at 11.06% for WOK. The simple moving average for the past 20 days is 27.16% for WOK’s stock, with a -84.30% simple moving average for the past 200 days.
WOK Trading at 4.87% from the 50-Day Moving Average
After a stumble in the market that brought WOK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.49% of loss for the given period.
Volatility was left at 11.06%, however, over the last 30 days, the volatility rate increased by 14.05%, as shares surge +41.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.41% lower at present.
During the last 5 trading sessions, WOK rose by +22.38%, in comparison to the 20-day moving average, which settled at $0.4326. In addition, Work Medical Technology Group Ltd saw -88.59% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In a nutshell, Work Medical Technology Group Ltd (WOK) 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.
