Scworx Corp Stock Today

WORX Stock  USD 2.58  0.20  8.40%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 67

 
High
 
Low
Quite High
Scworx Corp is trading at 2.58 as of the 29th of November 2024; that is 8.40% increase since the beginning of the trading day. The stock's open price was 2.38. Scworx Corp has more than 67 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Scworx Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
6th of October 2016
Category
Healthcare
Classification
Health Care
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. It sells its solutions and services to hospitals and health systems through its direct sales force, and distribution and reseller partnerships. The company has 1.63 M outstanding shares of which 16.05 K shares are at this time shorted by private and institutional investors with about 0.25 trading days to cover. More on Scworx Corp

Moving against Scworx Stock

  0.4EKSO Ekso Bionics HoldingsPairCorr
  0.34DRIO DarioHealth CorpPairCorr
  0.31EDAP EDAP TMS SAPairCorr

Scworx Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentTimothy Hannibal
Thematic IdeaEntertainment (View all Themes)
Business ConcentrationHealth Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, Entertainment, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.6061
Way Down
Slightly volatile
Total Current Liabilities3.1 M2.3 M
Significantly Up
Slightly volatile
Total Assets9.1 M6.3 M
Way Up
Slightly volatile
Total Current Assets414 K435.8 K
Notably Down
Pretty Stable
Debt Levels
Scworx Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Scworx Corp's financial leverage. It provides some insight into what part of Scworx Corp's total assets is financed by creditors.
Liquidity
Scworx Corp currently holds 2.42 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Scworx Corp has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Scworx Corp's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(846,472)
Scworx Corp (WORX) is traded on NASDAQ Exchange in USA. It is located in 100 South Ashley Drive, Tampa, FL, United States, 33602 and employs 7 people. Scworx Corp is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.2 M. Scworx Corp conducts business under Health Care Technology sector and is part of Health Care industry. The entity has 1.63 M outstanding shares of which 16.05 K shares are at this time shorted by private and institutional investors with about 0.25 trading days to cover. Scworx Corp currently holds about 23.49 K in cash with (806.16 K) of positive cash flow from operations.
Check Scworx Corp Probability Of Bankruptcy
Ownership Allocation
Scworx Corp has 4.59 % of its outstanding shares held by insiders and 0.6 % owned by institutional holders.
Check Scworx Ownership Details

Scworx Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
85.9 K
Tower Research Capital Llc2024-06-30
2.6 K
Bank Of America Corp2024-06-30
8.0
Qube Research & Technologies2024-06-30
3.0
Royal Bank Of Canada2024-06-30
2.0
Wells Fargo & Co2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Hrt Financial Llc2024-06-30
0.0
View Scworx Corp Diagnostics

Scworx Corp Historical Income Statement

At this time, Scworx Corp's Selling General Administrative is fairly stable compared to the past year. Total Revenue is likely to rise to about 3.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 65.1 K in 2024. View More Fundamentals

Scworx Stock Against Markets

Already Invested in Scworx Corp?

The danger of trading Scworx Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Scworx Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Scworx Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Scworx Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Scworx Stock Analysis

When running Scworx Corp's price analysis, check to measure Scworx Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scworx Corp is operating at the current time. Most of Scworx Corp's value examination focuses on studying past and present price action to predict the probability of Scworx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scworx Corp's price. Additionally, you may evaluate how the addition of Scworx Corp to your portfolios can decrease your overall portfolio volatility.