Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Trading Up 1.2% – Here’s Why

Shares of Global X Telemedicine & Digital Health ETF (NASDAQ:EDOCGet Free Report) shot up 1.2% during trading on Friday . The stock traded as high as $27.19 and last traded at $27.01. 6,509 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 24,744 shares. The stock had previously closed at $26.68.

Global X Telemedicine & Digital Health ETF Stock Performance

The firm has a market cap of $97.51 million, a P/E ratio of 42.80 and a beta of 0.88. The firm’s fifty day simple moving average is $25.40 and its 200 day simple moving average is $26.81.

About Global X Telemedicine & Digital Health ETF

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The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.

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