Healthy Choice Wellness (NYSEAMERICAN:HCWC) Announces Earnings Results

Healthy Choice Wellness (NYSEAMERICAN:HCWC) posted its earnings results on Friday. The company reported ($0.17) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $18.25 million for the quarter. Healthy Choice Wellness had a negative return on equity of 74.61% and a negative net margin of 5.03%.

Healthy Choice Wellness Stock Performance

Healthy Choice Wellness stock opened at $0.27 on Friday. The firm’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.35. The company has a current ratio of 0.79, a quick ratio of 0.31 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $6.14 million, a PE ratio of -0.79 and a beta of 2.58. Healthy Choice Wellness has a 1-year low of $0.22 and a 1-year high of $0.98.

Hedge Funds Weigh In On Healthy Choice Wellness

An institutional investor recently raised its position in Healthy Choice Wellness stock. Virtu Financial LLC raised its stake in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,195 shares of the company’s stock after buying an additional 44,533 shares during the period. Virtu Financial LLC owned about 0.39% of Healthy Choice Wellness worth $45,000 at the end of the most recent quarter.

Healthy Choice Wellness Company Profile

Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Through its wholly owned subsidiaries, the Company operates: . Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com).