Healthy Choice Wellness (NYSEAMERICAN:HCWC) Stock Price Down 7.8% – Time to Sell?

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC)’s stock price was down 7.8% during mid-day trading on Thursday . The company traded as low as $0.5199 and last traded at $0.5319. Approximately 298,036 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 194,717 shares. The stock had previously closed at $0.5770.

Healthy Choice Wellness Trading Down 45.8%

The firm has a market cap of $4.34 million, a PE ratio of -1.20 and a beta of 3.24. The company has a 50-day simple moving average of $0.62 and a 200 day simple moving average of $0.52. The company has a current ratio of 0.98, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its earnings results on Friday, October 17th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $18.91 million during the quarter. Healthy Choice Wellness had a negative net margin of 3.57% and a negative return on equity of 69.88%.

Hedge Funds Weigh In On Healthy Choice Wellness

An institutional investor recently bought a new position in Healthy Choice Wellness stock. Cantor Fitzgerald L. P. purchased a new position in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 300,000 shares of the company’s stock, valued at approximately $228,000. Cantor Fitzgerald L. P. owned 1.99% of Healthy Choice Wellness at the end of the most recent quarter.

About Healthy Choice Wellness

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).