Short Interest in Progressive Care, Inc. (OTCMKTS:RXMD) Grows By 900.0%

Progressive Care, Inc. (OTCMKTS:RXMD) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the March 31st total of 100 shares. Based on an average daily volume of 14,800 shares, the short-interest ratio is presently 0.1 days.

Progressive Care Stock Down 8.8 %

OTCMKTS:RXMD traded down $0.17 during mid-day trading on Friday, hitting $1.76. The stock had a trading volume of 100 shares, compared to its average volume of 3,377. The company has a current ratio of 1.72, a quick ratio of 1.47 and a debt-to-equity ratio of 0.04. Progressive Care has a twelve month low of $0.40 and a twelve month high of $6.05. The company has a market capitalization of $10.98 million, a PE ratio of -0.51 and a beta of -0.28. The stock has a 50-day simple moving average of $2.26 and a two-hundred day simple moving average of $3.00.

Progressive Care (OTCMKTS:RXMD) last released its quarterly earnings data on Wednesday, April 10th. The company reported ($2.14) earnings per share (EPS) for the quarter. The firm had revenue of $14.42 million for the quarter. Progressive Care had a negative return on equity of 108.32% and a negative net margin of 39.04%.

About Progressive Care

Progressive Care, Inc operates as a healthcare services and technology company in south Florida. The company provides prescription pharmaceuticals; diagnostics and vaccinations; compounded medications; telepharmacy services; anti-retroviral medications; medication therapy management; and pharmacy services.