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MEDS

TRxADE HEALTH NasdaqCM:MEDS Stock Report

Last Price

US$0.37

Market Cap

US$3.4m

7D

4.2%

1Y

-83.4%

Updated

20 Mar, 2023

Data

Company Financials +

MEDS Stock Overview

About the company

TRxADE HEALTH, Inc. operates as a health services IT company in the United States. The company focuses on digitalizing the retail pharmacy experience by optimizing drug procurement, prescription journey, and patient engagement. It operates the TRxADE drug procurement marketplace, which offers price transparency, purchasing capabilities, and other value-added services; and offers patient centric telehealth services under the Bonum Health brand name. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. TRxADE HEALTH, Inc. is based in Lutz, Florida.

Snowflake Analysis

MEDS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

TRxADE HEALTH, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TRxADE HEALTH
Historical stock prices
Current Share PriceUS$0.37
52 Week HighUS$3.47
52 Week LowUS$0.27
Beta1.06
1 Month Change5.63%
3 Month Change-21.32%
1 Year Change-83.42%
3 Year Change-94.58%
5 Year Change-85.67%
Change since IPO-99.99%

Recent News & Updates

Recent updates

TRxADE Health prices of $1.8M stock offering

Oct 05

TRxADE Health launches next day delivery services via Trxade prime plus program

Aug 30

TRxADE Health proposes public stock offering

Aug 23

Trxade Group GAAP EPS of -$0.13 misses by $0.05, revenue of $3.3M beats by $0.37M

Jul 25

Will TRxADE HEALTH (NASDAQ:MEDS) Spend Its Cash Wisely?

Mar 30
Will TRxADE HEALTH (NASDAQ:MEDS) Spend Its Cash Wisely?

Here's Why We're Watching TRxADE HEALTH's (NASDAQ:MEDS) Cash Burn Situation

Nov 23
Here's Why We're Watching TRxADE HEALTH's (NASDAQ:MEDS) Cash Burn Situation

Need To Know: Analysts Just Made A Substantial Cut To Their TRxADE HEALTH, Inc. (NASDAQ:MEDS) Estimates

Jul 29
Need To Know: Analysts Just Made A Substantial Cut To Their TRxADE HEALTH, Inc. (NASDAQ:MEDS) Estimates

Pharma Pain Points - Trxade CEO Suren Ajjarapu (Video)

Jun 16

SpartanNash and Bonum Health join hands to provide telemedicine services

Jun 07

Shareholders Will Probably Hold Off On Increasing Trxade Group, Inc.'s (NASDAQ:MEDS) CEO Compensation For The Time Being

May 22
Shareholders Will Probably Hold Off On Increasing Trxade Group, Inc.'s (NASDAQ:MEDS) CEO Compensation For The Time Being

Earnings Release: Here's Why Analysts Cut Their Trxade Group, Inc. (NASDAQ:MEDS) Price Target To US$10.00

Apr 28
Earnings Release: Here's Why Analysts Cut Their Trxade Group, Inc. (NASDAQ:MEDS) Price Target To US$10.00

Time To Worry? Analysts Just Downgraded Their Trxade Group, Inc. (NASDAQ:MEDS) Outlook

Apr 01
Time To Worry? Analysts Just Downgraded Their Trxade Group, Inc. (NASDAQ:MEDS) Outlook

Did Business Growth Power Trxade Group's (NASDAQ:MEDS) Share Price Gain of 143%?

Feb 05
Did Business Growth Power Trxade Group's (NASDAQ:MEDS) Share Price Gain of 143%?

Shareholder Returns

MEDSUS Healthcare ServicesUS Market
7D4.2%2.4%2.1%
1Y-83.4%-26.4%-12.8%

Return vs Industry: MEDS underperformed the US Healthcare Services industry which returned -28% over the past year.

Return vs Market: MEDS underperformed the US Market which returned -13.7% over the past year.

Price Volatility

Is MEDS's price volatile compared to industry and market?
MEDS volatility
MEDS Average Weekly Movement23.6%
Healthcare Services Industry Average Movement9.3%
Market Average Movement6.4%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: MEDS is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 24% a week.

Volatility Over Time: MEDS's weekly volatility has increased from 17% to 24% over the past year.

TRxADE HEALTH, Inc. Fundamentals Summary

How do TRxADE HEALTH's earnings and revenue compare to its market cap?
MEDS fundamental statistics
Market CapUS$3.45m
Earnings (TTM)-US$3.33m
Revenue (TTM)US$11.31m

0.3x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MEDS income statement (TTM)
RevenueUS$11.31m
Cost of RevenueUS$6.16m
Gross ProfitUS$5.15m
Other ExpensesUS$8.48m
Earnings-US$3.33m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Mar 27, 2023

Earnings per share (EPS)-0.36
Gross Margin45.54%
Net Profit Margin-29.46%
Debt/Equity Ratio36.9%

How did MEDS perform over the long term?

See historical performance and comparison