SCWorx Corp (NASDAQ: WORX) is 77.17% higher on its value in year-to-date trading and has touched a low of $1.14 and a high of $14.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WORX stock was last observed hovering at around $3.89 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $3.26, the stock is 81.40% and 108.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing -16.20% at the moment leaves the stock 17.19% off its SMA200. WORX registered -33.48% loss for a year compared to 6-month loss of -6.48%. The firm has a 50-day simple moving average (SMA 50) of $1.01 and a 200-day simple moving average (SMA200) of -$2.04.
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The stock witnessed a 115.89% gain in the last 1 month and extending the period to 3 months gives it a 95.21%, and is 83.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 32.77% over the week and 22.92% over the month.
SCWorx Corp (WORX) has around 9 employees, a market worth around $3.94M and $3.92M in sales. Profit margin for the company is -42.58%. Distance from 52-week low is 185.96% and -77.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.68%).
6 institutions hold shares in SCWorx Corp (WORX), with institutional investors hold 2.18% of the company’s shares. The shares outstanding are 1.21M, and float is at 1.04M with Short Float at 0.22%. Institutions hold 1.88% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 7313.0 shares valued at $43877.0. The investor’s holdings represent 0.04% of the WORX Shares outstanding. As of Jun 29, 2023, the second largest holder is Geode Capital Management, LLC with 4230.0 shares valued at $25379.0 to account for 0.03% of the shares outstanding. The other top investors are Hudock, Inc. which holds 5300.0 shares representing 0.03% and valued at over $31799.0, while Virtu Financial LLC holds 0.02% of the shares totaling 3545.0 with a market value of $21269.0.
