In today’s recent session, 1.29 million shares of the SCWorx Corp. (NASDAQ:WORX) have been traded, and its beta is 3.66. Most recently the company’s share price was $1.53, and it changed around $0.13 or 9.16% from the last close, which brings the market valuation of the company to $16.90M. WORX at last check was trading at a discount to its 52-week high of $5.00, offering almost -226.8% off that amount. The share price’s 52-week low was $1.05, which indicates that the recent value has risen by an impressive 31.37% since then. We note from SCWorx Corp.’s average daily trading volume that its 10-day average is 0.3 million shares, with the 3-month average coming to 627.33K.
Instantly WORX has been showing a green trend so far today with a performance of 9.16% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7394 on Friday, 11/19/21 increased the stock’s daily price by 12.04%. The company’s shares are currently up 3.70% year-to-date, but still down -16.67% over the last five days. On the other hand, SCWorx Corp. (NASDAQ:WORX) is -29.65% down in the 30-day period. We can see from the shorts that 0.31 million shares have been sold at a short interest cover period of 0.62 day(s).
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SCWorx Corp. (WORX) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -2.20%.
SCWorx Corp.’s next quarterly earnings report is expected to be released on May 24.
SCWorx Corp. (NASDAQ:WORX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.52% of SCWorx Corp. shares, and 1.99% of them are in the hands of institutional investors. The stock currently has a share float of 2.54%. SCWorx Corp. stock is held by 7 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Jun 29, 2021, it held 1.08% of the shares, which is about 0.11 million shares worth $0.2 million.
Geode Capital Management, LLC, with 0.49% or 51712.0 shares worth $89978.0 as of Jun 29, 2021, holds the second largest percentage of outstanding shares.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Jun 29, 2021. The former held 0.11 million shares worth $0.19 million, making up 1.04% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 37411.0 shares worth around $0.11 million, which represents about 0.36% of the total shares outstanding.