Is Wellgistics Health Inc (NASDAQ: WGRX) Still Trending?

Wellgistics Health Inc (NASDAQ:WGRX) price closed lower on Friday, June 27, and dropping -9.01% below its previous close.

A look at the daily price movement shows that the last close reads $1.11, with intraday deals fluctuated between $1.01 and $1.26. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.04 and 52-week low of $0.90. The stock subtracted -56.47% on its value in the past month.

Wellgistics Health Inc, which has a market valuation of $72.58 million, is expected to release its quarterly earnings report in July.

Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.

The overview shows that WGRX’s price is at present -29.69% off the SMA20 and -59.79% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 30.67, with weekly volatility standing at 20.02%. The indicator jumps to 15.60% when calculated based on the past 30 days. Wellgistics Health Inc (NASDAQ:WGRX)’s beta value is holding at 0.

An analysis of the Wellgistics Health Inc (NASDAQ:WGRX) stock in terms of its daily trading volume indicates that the 3-month average is 358.99K. However, this figure increases on the past 10-day timeline to an average of 0.26 million.

Current records show that the company has 61.46M in outstanding shares. The insiders’ percentage holdings are 85.76% of outstanding shares while the percentage share held by institutions stands at 0.49%. The stats also highlight that short interest as of 2025-06-13, stood at 0.17 million shares, which puts the short ratio at the time at 0.92. From this we can glean that short interest is 37.00 of company’s current outstanding shares. Notably, we see that shares short in June fall slightly given the previous month’s figure stood at 0.31 million.

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