Medx Health Corp Stock Today

MDX Stock  CAD 0.07  0.01  16.67%   


0 of 100

Very Weak

Odds Of Distress

Over 64

Quite High
MedX Health is selling for under 0.07 as of the 18th of July 2024; that is 16.67% increase since the beginning of the trading day. The stock's lowest day price was 0.07. MedX Health has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for MedX Health Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of June 2024 and ending today, the 18th of July 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Health Care
MedX Health Corp., a medical device and software company, develops, manufactures, and markets skin related screening tools and phototherapy devices for pain relief and tissue repair in North America, Europe, and Asia. The company was incorporated in 1999 and is headquartered in Mississauga, Canada. The company has 269.46 M outstanding shares of which 28.69 K shares are now shorted by private and institutional investors with about 0.37 days to cover all short positions. More on MedX Health Corp

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MedX Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MedX Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MedX Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorStephen Lockyer
Thematic IdeaHealth Management (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Management, Health Care, Health Care Equipment & Supplies, Diagnostics & Research, Healthcare (View all Sectors)
MedX Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MedX Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
MedX Health can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MedX Health's financial leverage. It provides some insight into what part of MedX Health's total assets is financed by creditors.
MedX Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. MedX Health Corp has accumulated 4.91 M in total debt. MedX Health Corp has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MedX Health until it has trouble settling it off, either with new capital or with free cash flow. So, MedX Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MedX Health Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MedX to invest in growth at high rates of return. When we think about MedX Health's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

MedX Health Corp (MDX) is traded on TSX Venture Exchange in Canada and employs 9 people. MedX Health is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MedX Health's market, we take the total number of its shares issued and multiply it by MedX Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MedX Health Corp classifies itself under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 269.46 M outstanding shares of which 28.69 K shares are now shorted by private and institutional investors with about 0.37 days to cover all short positions. MedX Health Corp has accumulated about 31.02 K in cash with (3.42 M) of positive cash flow from operations.
Check MedX Health Probability Of Bankruptcy
Ownership Allocation
MedX Health Corp holds a total of 269.46 Million outstanding shares. MedX Health Corp secures 6.22 % of its outstanding shares held by insiders and 0.01 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check MedX Ownership Details

MedX Health Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MedX Health market risk premium is the additional return an investor will receive from holding MedX Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MedX Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MedX Health's alpha and beta are two of the key measurements used to evaluate MedX Health's performance over the market, the standard measures of volatility play an important role as well.

MedX Stock Against Markets

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MedX Health Corporate Executives

Elected by the shareholders, the MedX Health's board of directors comprises two types of representatives: MedX Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MedX. The board's role is to monitor MedX Health's management team and ensure that shareholders' interests are well served. MedX Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MedX Health's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for MedX Stock Analysis

When running MedX Health's price analysis, check to measure MedX Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MedX Health is operating at the current time. Most of MedX Health's value examination focuses on studying past and present price action to predict the probability of MedX Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedX Health's price. Additionally, you may evaluate how the addition of MedX Health to your portfolios can decrease your overall portfolio volatility.