SCWorx (NASDAQ:WORX) Issues Earnings Results

SCWorx (NASDAQ:WORX) issued its quarterly earnings data on Wednesday. The company reported ($0.15) earnings per share for the quarter, Zacks reports. SCWorx had a negative return on equity of 58.42% and a negative net margin of 105.74%.

SCWorx Price Performance

Shares of WORX traded down $0.02 during mid-day trading on Wednesday, reaching $0.29. 2,711,049 shares of the company’s stock were exchanged, compared to its average volume of 6,654,914. The business’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $0.39. The stock has a market capitalization of $2.29 million, a PE ratio of -0.27 and a beta of 2.55. SCWorx has a 52-week low of $0.26 and a 52-week high of $3.31.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SCWorx in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About SCWorx

SCWorx Corp. develops and markets health care information technology solutions and related services to improve healthcare processes and information flow within hospitals and other healthcare facilities in the United States. The company provides data content and services related to repair, normalization, and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry.