Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 40,732 shares, a growth of 422.0% from the September 15th total of 7,803 shares. Based on an average daily volume of 256,961 shares, the short-interest ratio is presently 0.2 days. Currently, 4.8% of the company’s stock are short sold.
Mobile-health Network Solutions Price Performance
Shares of NASDAQ MNDR traded down $0.05 during mid-day trading on Friday, hitting $0.85. The company had a trading volume of 404,387 shares, compared to its average volume of 340,830. The firm has a 50-day simple moving average of $1.50 and a two-hundred day simple moving average of $14.47. Mobile-health Network Solutions has a one year low of $0.76 and a one year high of $32.52.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Mobile-health Network Solutions has a consensus rating of “Sell”.
Mobile-health Network Solutions Company Profile
Mobile-health Network Solutions Limited (NASDAQ: MNDR) is a Singapore-based digital healthcare company that operates the MaNaDr platform. The platform is designed to connect patients with healthcare professionals through telemedicine and other digitally enabled medical services.
MaNaDr supports services such as online medical consultations, prescription management, medication delivery and access to healthcare information. The company also provides digital tools intended to help doctors and healthcare providers manage patient interactions and deliver care through virtual channels.
Mobile-health Network Solutions focuses primarily on serving patients and healthcare providers in Singapore and other markets in Southeast Asia.
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