EUDA Health Holdings Limited (NASDAQ:EUDA) Sees Large Drop in Short Interest

EUDA Health Holdings Limited (NASDAQ:EUDA) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 641 shares, a decrease of 59.7% from the September 15th total of 1,589 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,724 shares, the short-interest ratio is presently 0.0 days.

EUDA Health Stock Performance

Shares of NASDAQ:EUDA traded up $0.44 during trading hours on Tuesday, hitting $16.82. 63,835 shares of the company’s stock traded hands, compared to its average volume of 50,013. The company’s fifty day simple moving average is $15.49 and its two-hundred day simple moving average is $14.18. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.53 and a current ratio of 2.53. EUDA Health has a 52 week low of $5.26 and a 52 week high of $86.00.

EUDA Health (NASDAQ:EUDA) last announced its earnings results on Tuesday, September 29th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.57). The firm had revenue of $1.73 million during the quarter, compared to the consensus estimate of $9.61 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of EUDA Health in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, EUDA Health currently has a consensus rating of “Hold” and a consensus price target of $55.00.

About EUDA Health

EUDA Health Holdings Limited is a healthcare technology company focused on providing digital and technology-enabled healthcare services. Through its platform and affiliated healthcare operations, the company aims to connect patients with medical professionals and make healthcare services more accessible through digital channels.

Its activities include telehealth and online medical consultations, healthcare information and patient-management services, and related wellness and medical support offerings.