SCWorx Corp (NASDAQ: WORX) Emerges As Guiding Light For Investors

money audit

SCWorx Corp (NASDAQ:WORX) currently has a daily average trading volume of 57.72K but it saw 24766 shares traded in last market. With a market cap of 1.60M USD, the company’s current market price of $0.98 came rising about 2.52 while comparing to the previous closing price of $0.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.44 and as low as $0.75. In the recent trading on the day, stock has struck highest price mark of $0.93 while lowest mark touched by it was $0.98.

Taking a look at 20-day trading activity of SCWorx Corp (WORX) gives us an average price of $1.1100, while its current price level is -77.93% below from 52-week high level whereas it is 30.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1684 while that of 200 days or SMA-200 reads an average of $1.6471. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.93% during that period while stretching the period over a month that decreases to 8.56%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.02 which implies that the stock is in neutral territory.

Over the week, WORX’s stock price is moving -10.91% down while it is -24.62% when we observe its performance for the past one month. Year-to-date it is -46.74% down and over the past year, the stock is showing a downside performance of -45.25%.

Currently, SCWorx Corp’s total number of outstanding shares is 1.63M. Company’s return on investment (ROI) stands at -78.14% and return on equity (ROE) at -65.95%. Stock has a price to book (P/B) ratio of 0.35 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -45.77% on average.