WORK Medical Technology Group LTD (NASDAQ:WOK – Get Free Report) shares fell 1.7% on Wednesday. The stock traded as low as $1.14 and last traded at $1.15. 16,504 shares were traded during trading, a decline of 96% from the average daily volume of 409,034 shares. The stock had previously closed at $1.17.
Analysts Set New Price Targets
A number of equities analysts have weighed in on WOK shares. Wall Street Zen lowered WORK Medical Technology Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of WORK Medical Technology Group in a research note on Tuesday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, WORK Medical Technology Group presently has an average rating of “Sell”.
View Our Latest Research Report on WOK
WORK Medical Technology Group Stock Performance
The business’s 50 day moving average price is $1.71 and its 200 day moving average price is $64.53.
WORK Medical Technology Group (NASDAQ:WOK – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported ($98.88) earnings per share for the quarter. The firm had revenue of $2.71 million for the quarter.
WORK Medical Technology Group Company Profile
WORK Medical Technology Group Limited (NASDAQ: WOK) is a medical technology company focused on the distribution of medical devices and related healthcare products in China. Through its operating subsidiaries, the company serves customers within the healthcare sector, including medical institutions and other medical product distributors.
Its product offerings include medical consumables, medical equipment and other medical technology products used in healthcare settings. The company’s activities primarily involve sourcing products from manufacturers and supplying them through distribution channels to customers in mainland China.
WORK Medical Technology Group is organized as a holding company, with operations conducted through subsidiaries.
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