Free Trial

Wellgistics Health (NASDAQ:WGRX) Downgraded by Wall Street Zen to "Sell"

Key Points

  • Wellgistics Health (NASDAQ:WGRX) has been downgraded from a "hold" to a "sell" rating by analysts at Wall Street Zen.
  • The company's stock opened at $0.94 on Friday, reflecting a 1.1% decrease, with a 1-year low of $0.75 and a high of $7.04.
  • Founded in 2022, Wellgistics Health operates as a holding company focused on pharmaceuticals and healthcare services, featuring a portfolio that includes a pharmacy and technology division.
  • Looking to export and analyze Wellgistics Health data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Wall Street Zen lowered shares of Wellgistics Health (NASDAQ:WGRX - Free Report) from a hold rating to a sell rating in a research report report published on Saturday.

Wellgistics Health Stock Performance

WGRX traded down $0.11 during midday trading on Friday, hitting $0.88. The company had a trading volume of 545,548 shares, compared to its average volume of 2,257,335. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.15 and a current ratio of 0.36. Wellgistics Health has a twelve month low of $0.75 and a twelve month high of $7.04.

About Wellgistics Health

(Get Free Report)

Founded in 2022, Wellgistics Health is a holding company for various existing and planned strategic businesses centered around pharmaceuticals and healthcare services. As a micro health ecosystem, our portfolio of companies consists of a pharmacy, wholesale operations, and a technology division with a novel platform for hub and clinical services.

Featured Articles

Should You Invest $1,000 in Wellgistics Health Right Now?

Before you consider Wellgistics Health, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wellgistics Health wasn't on the list.

While Wellgistics Health currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines