SCWorx (NASDAQ:WORX) Stock Price Up 0% – What’s Next?

SCWorx Corp. (NASDAQ:WORX)’s share price shot up 0% during mid-day trading on Thursday . The stock traded as high as $0.57 and last traded at $0.56. 7,110,911 shares traded hands during trading, an increase of 566% from the average session volume of 1,068,061 shares. The stock had previously closed at $0.56.

SCWorx Stock Up 0.0 %

The stock has a market cap of $1.30 million, a PE ratio of -0.74 and a beta of 2.27. The firm has a fifty day moving average of $0.72 and a 200 day moving average of $1.26.

SCWorx (NASDAQ:WORX) last issued its earnings results on Monday, March 31st. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $0.68 million for the quarter. SCWorx had a negative return on equity of 89.71% and a negative net margin of 108.84%.

Institutional Trading of SCWorx

An institutional investor recently bought a new position in SCWorx stock. Renaissance Technologies LLC acquired a new stake in SCWorx Corp. (NASDAQ:WORX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,590 shares of the company’s stock, valued at approximately $35,000. Renaissance Technologies LLC owned approximately 1.11% of SCWorx at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.88% of the company’s stock.

About SCWorx

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.