EUDA Health (NASDAQ:EUDA) Stock Price Down 7.1% - What's Next?
EUDA Health (NASDAQ:EUDA) shares fell 7.1% to $3.55, with trading volume increasing by 45% compared to the average. Analysts have raised the stock to a "strong-buy" rating, despite its recent decline. Institutional investors hold 4.35% of the company, with XTX Topco Ltd recently acquiring a stake valued at approximately $75,000. The stock's 50-day and 200-day moving averages are $3.88 and $4.14, respectively. MarketBeat suggests that while EUDA Health has a strong buy rating, other stocks may be better investment options.
EUDA Health Holdings Limited (NASDAQ:EUDA - Get Free Report) was down 7.1% during trading on Monday . The company traded as low as $3.55 and last traded at $3.55. Approximately 105,927 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 72,884 shares. The stock had previously closed at $3.82.
Wall Street Analysts Forecast Growth
Separately, Greenridge Global raised EUDA Health to a "strong-buy" rating in a research note on Monday, December 23rd.
Read Our Latest Stock Report on EUDA Health
EUDA Health Price Performance
The stock's 50 day simple moving average is $3.88 and its 200-day simple moving average is $4.14.
Institutional Investors Weigh In On EUDA Health
A hedge fund recently bought a new stake in EUDA Health stock. XTX Topco Ltd purchased a new position in EUDA Health Holdings Limited (NASDAQ:EUDA - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,463 shares of the company's stock, valued at approximately $75,000. XTX Topco Ltd owned about 0.07% of EUDA Health at the end of the most recent reporting period. Institutional investors own 4.35% of the company's stock.
About EUDA Health
(Get Free Report)EUDA Health Holdings Limited operates as a healthcare specialty company. The company operates through two segments, Medical Services and Property Management Services. It offers a range of specialty care services to patients; and operates medical facility general practice clinic that provides holistic care for various illnesses.
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