Healthy Choice Wellness Corp (AMEX:HCWC) does about 211.32K shares in volume on a normal day but saw 4054227 shares change hands in the recent trading day. Its current market price is $0.51, marking an increase of 23.10% compared to the previous close of $0.41. The 52 week high reached by this stock is $8.50 whilst the lowest price level in 52 weeks is $0.29.
Healthy Choice Wellness Corp (HCWC) has a 20-day trading average at $0.4275 and the current price is -94.00% off the 52-week high compared with 75.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4810. If we look at the stock’s price movements over the week, volatility stands at 14.29%, which decreases to 11.04% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.78 to suggest the stock is neutral.
The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 74.5% over the period.
The current price level is 19.30%, 6.02%, and -58.62% away from its SMA20, SMA50, and SMA200 respectively, with the HCWC price moving below the 50-day SMA on current market day. Healthy Choice Wellness Corp (HCWC) stock is up 29.08% over the week and 25.06% over the past month. Its price is -56.78% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $20.05M, which analysts say will come at $78.91M for the current fiscal year and next year at $90.03M. In addition, estimates put the company’s current quarterly revenue at an average of $18.32M.
To reach the target analysts have set, the stock logically needs to grow 74.5 percent from here.
