How to Buy Scworx Stock
Scworx Corp
SCWorx Corp. develops and markets health care information technology solutions and related services to improve healthcare processes and information flow within hospitals and other healthcare facilities in the United States.
Scworx stock last closed at $2.10, up 0.96% from the previous day, and has decreased 48.21% in one year. It has underperformed other stocks in the Health Information Services industry by 0.23 percentage points. Scworx stock is currently +84.21% from its 52-week low of $1.14, and -85.42% from its 52-week high of $14.40.
As of May 1, 2024, there are 1.21M WORX shares outstanding. The market capitalization of WORX is $2.54M. In the past 24 hours, 14,779 WORX shares were traded.
How to Buy Scworx Stock
Not sure how to invest in Scworx stock? Here's how.
- Figure out where to buy Scworx stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Scworx stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- Analyze Scworx stock: The Scworx ticker symbol is WORX. Is Scworx stock a good investment? Should you buy shares of WORX? How do WORX's underlying business fundamentals look? Do top analysts think Scworx is a good buy? Why has WORX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if WORX is a good stock to buy).
- Place your WORX purchase: Decide if you will purchase WORX shares at the current market price or use a limit order to buy WORX stock at a particular price.
- Keep an eye on your investment in WORX: Create a watchlist to track your investment in Scworx shares.
Step 1: Figure out where to buy Scworx stock
You will need an online brokerage account to access the NASDAQ market and buy WORX stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can invest in WORX stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on one of the best stock market apps, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze Scworx stock
Once you have figured out the best place to buy Scworx stock, it's critical to research their stock before you buy, so you can understand the risk as well as the upside.
Scworx stock quick numbers
Scworx Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on WORX's stock page.
Is WORX stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge WORX's true value.
Using relative valuations metrics:
- WORX may be undervalued based on its P/B ratio of 0.41x, relative to Health Information Services industry P/B ratio of 3.28x
You can access more valuation analysis on WORX's stock here.
WORX Financial Summary
Passed Health Checks:
- Total WORX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the WORX balance sheet.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the WORX balance sheet.
- WORX profit margin has gone up by 0.15 percentage points in the past year, but the company is still unprofitable.
- WORX has cash burn of 813546. It does not have sufficient cash and short-term investments to cover this.
- WORX has a relatively high debt to equity ratio of 0.43.
- WORX has $72.43k in cash and short term investments. This is not sufficient to cover its annual cash burn of $813.55k.
WORX Technicals
How are WORX Revenues/Earnings doing?
Last year, WORX revenue was $3.92M. In the past 5 year, WORX's revenue has increased by 8.29% per year. This was slower than the Health Information Services industry average of 19.46%.
Find out more about WORX's earnings and revenue performance here.
Latest Insiders Trades at WORX
Over the last 12 months, executives and large shareholders at WORX have not bought or sold any shares.
Dig into more about who owns WORX stock here.
Can I rely on WORX as an income stream?
No, Scworx doesn't provide an income stream by paying out dividends.
What others are saying about WORX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your WORX purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in WORX
Now that you own some WORX shares, you'll want to keep up with your stock purchase.
Put WORX on a watchlist to keep tabs on your WORX stock.
WORX Feed
How to Buy Stock in Scworx
To summarize, here are the 6 steps to buy Scworx stock:
- Figure out where to buy Scworx stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Scworx stock
- Place your WORX purchase
- Keep an eye on your investment in WORX
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Scworx, hit the button below to create your watchlist.
More Articles You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.