EUDA Health Holdings Limited (NASDAQ:EUDA) Stock Short Interest Report for September

EUDA Health Holdings Limited (NASDAQ:EUDA) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 641 shares, a drop of 59.7% from the September 15th total of 1,589 shares. Based on an average trading volume of 19,724 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of EUDA Health in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $55.00.

EUDA Health Stock Performance

Shares of NASDAQ EUDA traded down $1.85 during mid-day trading on Wednesday, reaching $15.16. 7,348 shares of the company’s stock traded hands, compared to its average volume of 49,877. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.01. The business has a 50-day simple moving average of $15.50 and a 200 day simple moving average of $14.22. EUDA Health has a 1-year low of $5.26 and a 1-year high of $86.00.

EUDA Health (NASDAQ:EUDA) last posted its earnings results on Tuesday, September 29th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.57). The company had revenue of $1.73 million for the quarter, compared to the consensus estimate of $9.61 million.

About EUDA Health

EUDA Health Holdings Limited is a healthcare technology company focused on providing digital and technology-enabled healthcare services. Through its platform and affiliated healthcare operations, the company aims to connect patients with medical professionals and make healthcare services more accessible through digital channels.

Its activities include telehealth and online medical consultations, healthcare information and patient-management services, and related wellness and medical support offerings.