Healthy Choice Wellness (NYSEAMERICAN:HCWC) Stock Price Up 2.8% – Time to Buy?

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) was up 2.8% during trading on Thursday . The stock traded as high as $0.2861 and last traded at $0.2861. Approximately 253,949 shares traded hands during trading, an increase of 25% from the average daily volume of 202,488 shares. The stock had previously closed at $0.2784.

Healthy Choice Wellness Price Performance

The firm’s 50 day moving average price is $0.27 and its two-hundred day moving average price is $0.33. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.68 and a quick ratio of 0.28. The stock has a market cap of $7.60 million, a PE ratio of -0.84 and a beta of 2.58.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.17) EPS for the quarter. The business had revenue of $18.25 million for the quarter. Healthy Choice Wellness had a negative net margin of 9.06% and a negative return on equity of 88.98%.

Hedge Funds Weigh In On Healthy Choice Wellness

A hedge fund recently raised its stake in Healthy Choice Wellness stock. Virtu Financial LLC increased its stake in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 59,195 shares of the company’s stock after purchasing an additional 44,533 shares during the quarter. Virtu Financial LLC owned about 0.39% of Healthy Choice Wellness worth $45,000 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).