SCWorx (NASDAQ:WORX – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.15 EPS for the quarter, FiscalAI reports. SCWorx had a negative net margin of 139.68% and a negative return on equity of 70.82%. The firm had revenue of $0.77 million for the quarter.
SCWorx Stock Performance
Shares of WORX opened at $0.13 on Wednesday. The firm has a market cap of $1.99 million, a PE ratio of -0.13 and a beta of 2.01. SCWorx has a twelve month low of $0.11 and a twelve month high of $1.37. The firm’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.24.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SCWorx in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, SCWorx has a consensus rating of “Sell”.
Institutional Investors Weigh In On SCWorx
A hedge fund recently bought a new stake in SCWorx stock. Citadel Advisors LLC bought a new stake in shares of SCWorx Corp. (NASDAQ:WORX – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 121,779 shares of the company’s stock, valued at approximately $35,000. Citadel Advisors LLC owned approximately 1.55% of SCWorx as of its most recent filing with the SEC. Hedge funds and other institutional investors own 1.88% of the company’s stock.
SCWorx 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.
Recommended Stories
Receive News & Ratings for SCWorx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SCWorx and related companies with MarketBeat.com's FREE daily email newsletter.
