Healthy Choice Wellness (NYSEAMERICAN:HCWC) Stock Price Up 3% – Still a Buy?

Shares of Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) rose 3% during trading on Wednesday . The stock traded as high as $0.2894 and last traded at $0.2780. Approximately 475,782 shares changed hands during trading, an increase of 77% from the average daily volume of 268,615 shares. The stock had previously closed at $0.27.

Healthy Choice Wellness Price Performance

The stock has a market capitalization of $6.32 million, a PE ratio of -1.16 and a beta of 2.58. The firm’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.37. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.31.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its quarterly earnings results on Monday, March 16th. The company reported ($0.05) EPS for the quarter. The business had revenue of $18.71 million for the quarter. Healthy Choice Wellness had a negative return on equity of 74.61% and a negative net margin of 5.03%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Healthy Choice Wellness stock. Virtu Financial LLC lifted its position in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,195 shares of the company’s stock after purchasing an additional 44,533 shares during the period. Virtu Financial LLC owned about 0.39% of Healthy Choice Wellness worth $45,000 as of its most recent SEC filing.

Healthy Choice Wellness Company Profile

Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Through its wholly owned subsidiaries, the Company operates: . Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com).