OneMedNet (NASDAQ:ONMD) Trading Down 1.4%

OneMedNet Co. (NASDAQ:ONMD)’s stock price was down 1.4% during mid-day trading on Friday . The company traded as low as $0.62 and last traded at $0.64. Approximately 207,707 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 3,464,105 shares. The stock had previously closed at $0.65.

OneMedNet Trading Down 1.4 %

The firm has a market cap of $15.28 million, a PE ratio of -3.37 and a beta of 0.74. The company has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $0.97.

Institutional Trading of OneMedNet

An institutional investor recently bought a new position in OneMedNet stock. PNC Financial Services Group Inc. acquired a new stake in OneMedNet Co. (NASDAQ:ONMD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 237,122 shares of the company’s stock, valued at approximately $192,000. PNC Financial Services Group Inc. owned approximately 0.74% of OneMedNet as of its most recent filing with the Securities and Exchange Commission (SEC). 0.95% of the stock is owned by institutional investors and hedge funds.

OneMedNet Company Profile

OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences.