MEDS Old Financials
MEDSDelisted Stock | USD 7.46 0.56 8.12% |
MEDS |
Please note, the imprecision that can be found in MEDS Old's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MEDS Old. Check MEDS Old's Beneish M Score to see the likelihood of MEDS Old's management manipulating its earnings.
MEDS Old Stock Summary
MEDS Old competes with SunLink Health, and Leafly Holdings. TRxADE HEALTH, Inc. operates as a health services IT company in the United States. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. Trxade Health operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 47 people.Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
Business Address | 6308 Benjamin Rd, |
New Symbol | SCNX |
Sector | Consumer Staples Distribution & Retail |
Industry | Consumer Staples |
Benchmark | Dow Jones Industrial |
Website | www.trxadehealth.com |
Phone | (800) 261 0281 |
Currency | USD - US Dollar |
MEDS Old Key Financial Ratios
MEDS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MEDS Old's current stock value. Our valuation model uses many indicators to compare MEDS Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MEDS Old competition to find correlations between indicators driving MEDS Old's intrinsic value. More Info.MEDS Old is considered to be number one stock in return on equity category among its peers. It is regarded second in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value MEDS Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MEDS Old Market Pulse
Quote | 7.46 |
Change(%) | 8.12 |
Change | 0.56 |
Open | 6.9 |
Low | 6.9 |
High | 7.46 |
Volume | 0 |
Exchange | NASDAQ |
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as MEDS Old is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of MEDS has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if MEDS Old's financials are consistent with your investment objective using the following steps:- Review MEDS Old's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand MEDS Old's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare MEDS Old's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if MEDS Old's stock is overvalued or undervalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in MEDS Stock
If you are still planning to invest in MEDS Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MEDS Old's history and understand the potential risks before investing.
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