SCWorx (WORX) Stock Price, News & Analysis

Company Overview

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. It also offers virtualized item master file repair, expansion, and automation; electronic medical record management; charge description master management; contract management; request for proposal automation; rebate management; integration of acquired management; big data analytics modeling; data integration and warehousing; and ScanWorx. In addition, the company focuses on selling personal protective equipment and COVID-19 rapid test kits. It sells its solutions and services to hospitals and health systems through its direct sales force, and distribution and reseller partnerships. SCWorx Corp. is based in New York, New York.

Key Stats

• Today's Range: $0.75 to $1.05
• 50-Day Range: $0.90 to $1.38
• 52-Week Range: $0.75 to $4.44
• Volume: 121,098 shs
• Average Volume: 754,978 shs
• Market Capitalization: $1.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SCWorx Stock Analysis - MarketRank™

SCWorx scored higher than 24% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SCWorx.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

SCWorx has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.63% of the float of SCWorx has been sold short.

Short Interest Ratio / Days to Cover

SCWorx has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SCWorx has recently decreased by 22.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SCWorx does not currently pay a dividend.

Dividend Growth

SCWorx does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.63% of the float of SCWorx has been sold short.

Short Interest Ratio / Days to Cover

SCWorx has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SCWorx has recently decreased by 22.58%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.43

News Sentiment

SCWorx has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for SCWorx this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SCWorx insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.00% of the stock of SCWorx is held by insiders.

Percentage Held by Institutions

Only 1.88% of the stock of SCWorx is held by institutions.

WORX Stock Analysis - Frequently Asked Questions

How have WORX shares performed this year?

SCWorx's stock was trading at $1.84 at the beginning of 2024. Since then, WORX stock has decreased by 51.3% and is now trading at $0.8952.
View the best growth stocks for 2024 here.

How were SCWorx's earnings last quarter?

SCWorx Corp. (NASDAQ:WORX) announced its quarterly earnings results on Friday, October, 11th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $0.74 million for the quarter. SCWorx had a negative trailing twelve-month return on equity of 91.03% and a negative net margin of 116.97%.

When did SCWorx's stock split?

SCWorx shares reverse split before market open on Wednesday, October 11th 2023. The 1-15 reverse split was announced on Wednesday, October 11th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, October 11th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

How do I buy shares of SCWorx?

Shares of WORX 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.

What other stocks do shareholders of SCWorx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SCWorx investors own include Advanced Micro Devices (AMD), VBI Vaccines (VBIV), Vislink Technologies (VISL), Ampio Pharmaceuticals (AMPE), Bridgeline Digital (BLIN), Pfizer (PFE) and Aadi Bioscience (AADI).

Company Calendar

• Last Earnings: 10/11/2024
• Today: 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:WORX
• CUSIP: N/A
• CIK: 1674227
• Web: www.scworx.com
• Phone: (212) 739-7825
• Fax: N/A
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,980,000.00
• Net Margins: -116.97%
• Pretax Margin: -116.96%
• Return on Equity: -91.03%
• Return on Assets: -56.43%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.23
• Quick Ratio: 0.23

Sales & Book Value

• Annual Sales: $3.81 million
• Price / Sales: 0.38
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.18 per share
• Price / Book: 0.28

Miscellaneous

• Outstanding Shares: 1,600,000
• Free Float: 1,455,000
• Market Cap: $1.43 million
• Optionable: Not Optionable
• Beta: 2.43