NASDAQ:MEDS

TRxADE HEALTH (MEDS) Stock Price, News & Analysis

$6.17
+0.16 (+2.66%)
(As of 05/3/2024 ET)
Today's Range
$6.02
$6.32
50-Day Range
$5.96
$33.90
52-Week Range
$3.69
$44.56
Volume
11,693 shs
Average Volume
321,434 shs
Market Capitalization
$8.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
MEDS stock logo

About TRxADE HEALTH Stock (NASDAQ:MEDS)

TRxADE HEALTH, Inc. operates as a health services information technology (IT) company in the United States. The company focuses on digitalizing the retail pharmacy experience by optimizing drug procurement, prescription journey, and patient engagement; and designs, develops, owns, and operates a business-to-business web-based marketplace. It also distributes prescription medication, medical devices, and over the counter medication to pharmacies and medical clinics; and offers pricing transparency, purchasing capabilities, and other value-added services, as well as telehealth services. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. TRxADE HEALTH, Inc. was founded in 2010 and is headquartered in Lutz, Florida.

MEDS Stock Price History

MEDS Stock News Headlines

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TRxADE Health, Inc. Announces Special Cash Dividend
GCT, VHC and IPWR among mid-day movers
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Company Calendar

Last Earnings
10/24/2021
Dividend Payable
3/22/2024
Ex-Dividend for 3/22 Dividend
3/25/2024
Today
5/03/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drugs, proprietaries, & sundries
Sub-Industry
N/A
Current Symbol
NASDAQ:MEDS
Employees
8
Year Founded
N/A

Profitability

Net Income
$-17,840,000.00
Net Margins
-215.72%
Pretax Margin
-165.87%

Debt

Sales & Book Value

Annual Sales
$8.27 million
Book Value
$0.45 per share

Miscellaneous

Free Float
725,000
Market Cap
$8.70 million
Optionable
Not Optionable
Beta
2.14
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Key Executives


MEDS Stock Analysis - Frequently Asked Questions

How have MEDS shares performed in 2024?

TRxADE HEALTH's stock was trading at $5.20 at the start of the year. Since then, MEDS stock has increased by 18.7% and is now trading at $6.17.
View the best growth stocks for 2024 here
.

Are investors shorting TRxADE HEALTH?

TRxADE HEALTH saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 20,500 shares, a decrease of 39.7% from the March 31st total of 34,000 shares. Based on an average daily trading volume, of 422,000 shares, the short-interest ratio is presently 0.0 days. Currently, 2.4% of the company's shares are sold short.
View TRxADE HEALTH's Short Interest
.

When is TRxADE HEALTH's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our MEDS earnings forecast
.

How were TRxADE HEALTH's earnings last quarter?

TRxADE HEALTH, Inc. (NASDAQ:MEDS) posted its quarterly earnings data on Sunday, October, 24th. The company reported ($2.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.95) by $0.45. The firm had revenue of $2.55 million for the quarter, compared to analyst estimates of $1.94 million. TRxADE HEALTH had a negative net margin of 215.72% and a negative trailing twelve-month return on equity of 428.28%. During the same quarter in the previous year, the firm earned $0.30 earnings per share.

How often does TRxADE HEALTH pay dividends? What is the dividend yield for TRxADE HEALTH?

TRxADE HEALTH declared a dividend on Wednesday, February 28th. Stockholders of record on Monday, March 18th will be paid a dividend of $8.00 per share on Friday, March 22nd. The ex-dividend date of this dividend is Monday, March 25th.
Read our dividend analysis for MEDS
.

When did TRxADE HEALTH's stock split?

TRxADE HEALTH shares reverse split before market open on Thursday, June 22nd 2023. The 1-15 reverse split was announced on Thursday, June 22nd 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 22nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What other stocks do shareholders of TRxADE HEALTH own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TRxADE HEALTH investors own include Advanced Micro Devices (AMD), Biocept (BIOC), iBio (IBIO), Ollie's Bargain Outlet (OLLI), OPKO Health (OPK), Alto Ingredients (PEIX), Tiziana Life Sciences (TLSA) and Trevena (TRVN).

How do I buy shares of TRxADE HEALTH?

Shares of MEDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MEDS) was last updated on 5/3/2024 by MarketBeat.com Staff

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