MyHealthChecked PLC (LON:MHC) experienced a trading increase of 1.7% on Tuesday, reaching a price of GBX 9.15. During mid-day trading, approximately 57,186 shares changed hands, a notable rise of 33% compared to the average daily trading volume of 42,954 shares. The stock had previously closed at GBX 9.
Financial Metrics and Performance Insights
The company has reported various financial metrics that provide insight into its market position. MyHealthChecked holds a debt-to-equity ratio of 0.16, which indicates a low level of debt relative to its equity. Its current ratio stands at 12.22, suggesting strong liquidity, while the quick ratio is reported at 2.00. The firm’s market capitalization is approximately £4.76 million, and it has a price-to-earnings ratio of -2.43, reflecting its current financial challenges. Additionally, MyHealthChecked has a beta of 1.37, indicating higher volatility compared to the market.
The stock’s performance over time shows a 50-day moving average price of GBX 9.25 and a 200-day moving average price of GBX 10.73.
On September 26, 2023, MyHealthChecked announced its earnings results, reporting an earnings per share (EPS) of GBX (2.62) for the quarter. The company faces challenges with a net margin of -11.06% and a return on equity of -12.80%, indicating that it has not yet achieved profitability.
About MyHealthChecked
Based in Cardiff, MyHealthChecked PLC is an AIM-quoted healthcare company focused on at-home healthcare and wellness tests. The company’s portfolio includes a variety of rapid tests and sample collection kits for DNA, RNA, and blood, designed to assist customers in their health journeys.
Investors and stakeholders are closely monitoring the company’s financial performance and market developments, with recent trading activity suggesting potential interest in MyHealthChecked’s future prospects.
