In yesterday’s Wall Street session, Cue Health Inc (NASDAQ:HLTH) shares traded at $0.10, down -18.10% from the previous session.
HLTH stock price is now -43.25% away from the 50-day moving average and -67.62% away from the 200-day moving average. The market capitalization of the company currently stands at $15.34M.
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A total of 29.58% of the company’s stock is owned by insiders.
During the past 12 months, Cue Health Inc has had a low of $0.09 and a high of $0.89. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 2.54, and a quick ratio of 2.22.
The net profit margin was -526.48% and return on equity was -90.35% for HLTH. The company reported revenue of $18.8 million for the quarter, compared to $146.78 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -87.19 percent.
Cue Health Inc(HLTH) Company Profile
Cue Health Inc. operates as a healthcare technology company. It provides the Cue Health platform that offers individuals and healthcare providers convenient and personalized access to lab-quality diagnostic tests at home and at the point-of-care, as well as on-demand telehealth consultations and treatment options for a range of health and wellness needs. It offers Cue Integrated Care platform comprising hardware, software, and diagnostic components, such as Cue Health Monitoring System consisting of Cue Reader, a portable and reusable reader, Cue Cartridge, a single-use test cartridge, and Cue Wand, a sample collection wand; Cue Data and Innovation Layer, a solution with cloud-based data and analytics capability; Cue Virtual Care Delivery Apps, which include Cue Health App and Cue Enterprise Dashboard; and Cue Ecosystem Integrations and Apps, including integration with electronic medical record system, pharmacies and last-mile delivery, clinician networks, and laboratories. The company also provides COVID-19 testing kits. The company was formerly known as Cue Inc and changed its name to Cue Health Inc. in December 2017. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California.
