Progressive Care (OTCMKTS:RXMD) Trading Down 6.2%

Progressive Care, Inc. (OTCMKTS:RXMD)’s share price was down 6.2% during mid-day trading on Tuesday . The stock traded as low as $1.78 and last traded at $1.80. Approximately 1,010 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 3,517 shares. The stock had previously closed at $1.92.

Progressive Care Stock Performance

The firm has a market capitalization of $12.04 million, a P/E ratio of -0.56 and a beta of -0.28. The company has a current ratio of 1.72, a quick ratio of 1.47 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $2.28 and its two-hundred day simple moving average is $3.02.

Progressive Care (OTCMKTS:RXMD) last released its quarterly earnings data on Wednesday, April 10th. The company reported ($2.14) earnings per share for the quarter. The firm had revenue of $14.42 million for the quarter. Progressive Care had a negative net margin of 39.04% and a negative return on equity of 108.32%.

About Progressive Care

Progressive Care, Inc operates as a healthcare services and technology company in south Florida. The company provides prescription pharmaceuticals; diagnostics and vaccinations; compounded medications; telepharmacy services; anti-retroviral medications; medication therapy management; and pharmacy services.