Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Trading Up 1.9% – Still a Buy?

Shares of Global X Telemedicine & Digital Health ETF (NASDAQ:EDOCGet Free Report) shot up 1.9% during mid-day trading on Thursday . The stock traded as high as $26.12 and last traded at $26.10. 7,410 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 24,744 shares. The stock had previously closed at $25.6150.

Global X Telemedicine & Digital Health ETF Stock Performance

The firm has a market cap of $89.46 million, a P/E ratio of 42.80 and a beta of 0.88. The business’s 50-day simple moving average is $28.03 and its 200 day simple moving average is $29.35.

Global X Telemedicine & Digital Health ETF Company Profile

(Get Free Report)

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.

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