Healthy Choice Wellness (NYSEAMERICAN:HCWC) Releases Quarterly Earnings Results

Healthy Choice Wellness (NYSEAMERICAN:HCWC) released its quarterly earnings results on Friday. The company reported ($0.11) earnings per share for the quarter, FiscalAI reports. Healthy Choice Wellness had a negative return on equity of 88.98% and a negative net margin of 9.06%.The firm had revenue of ($0.02) million during the quarter.

Healthy Choice Wellness Price Performance

HCWC traded down $0.00 during trading on Friday, reaching $0.27. 1,941,266 shares of the stock were exchanged, compared to its average volume of 6,425,867. The business’s 50 day moving average price is $0.22 and its two-hundred day moving average price is $0.26. 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 company has a market capitalization of $7.04 million, a price-to-earnings ratio of -0.78 and a beta of 3.08. Healthy Choice Wellness has a 1 year low of $0.17 and a 1 year high of $0.98.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Healthy Choice Wellness stock. Virtu Financial LLC lifted its position in shares of Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,195 shares of the company’s stock after buying an additional 44,533 shares during the quarter. Virtu Financial LLC owned approximately 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).