SCWorx (NASDAQ:WORX) Shares Up 0.5% – What’s Next?

SCWorx Corp. (NASDAQ:WORX) was up 0.5% on Wednesday . The company traded as high as $0.37 and last traded at $0.3350. Approximately 5,299 shares were traded during trading, a decline of 99% from the average daily volume of 485,851 shares. The stock had previously closed at $0.3332.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of SCWorx to a “hold” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat, SCWorx currently has a consensus rating of “Sell”.

SCWorx Stock Performance

The company has a 50-day moving average of $0.37 and a 200-day moving average of $1.86. The firm has a market capitalization of $357,445.00, a price-to-earnings ratio of -0.02 and a beta of 1.60.

SCWorx (NASDAQ:WORX) last announced its earnings results on Friday, May 15th. The company reported ($0.16) EPS for the quarter. SCWorx had a negative return on equity of 72.19% and a negative net margin of 154.41%.The company had revenue of $0.74 million for the quarter.

Institutional Trading of SCWorx

An institutional investor recently bought a new stake in SCWorx stock. Citadel Advisors LLC purchased a new stake in SCWorx Corp. (NASDAQ:WORX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 121,779 shares of the company’s stock, valued at approximately $35,000. Citadel Advisors LLC owned 1.55% of SCWorx at the end of the most recent reporting period. 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.