Streetbeat News

MDVL

MedAvail Holdings Inc

Employees

Industry

All Other Miscellaneous Chemical Product and Preparation Manufacturing

medavail inc. is the developer of the medcenter automated dispensing and medication management technologies. the company designs and manufactures pharmacist-controlled automated prescription medicine dispensing vaults, similar in appearance to atms. intended for deployment in hospitals, pharmacies, medical clinics, and other locations. the company integrates advanced robotics, two-way video teleconferencing, and a secure network for patients medical information to create a prescription medication dispensing system.

Open

2.51

Mkt cap

2.9M

Volume

236K

High

2.54

P/E Ratio

-0.05

52-wk high

20.90

Low

1.74

Div yield

N/A

52-wk low

1.31

MedAvail Holdings (NASDAQ:MDVL) reported a significant decrease in Q2 sales, down to $405.00 thousand from $11.18 million YoY. This represents a 96.38 percent decrease.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 9:16 pm

During Thursday's intraday session, several consumer staples stocks experienced significant movement. Edible Garden AG, Jupiter Wellness, Seneca Foods, MedAvail Holdings, Missfresh, and Natures Sunshine Products saw gains, while Steakholder Foods, Rite Aid, Smart for Life, and Laird Superfood experienced losses. Q2 earnings reports for Edible Garden AG, Natures Sunshine Products, and Laird Superfood were released recently, as was Seneca Foods' Q1 earnings report.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 5:31 pm

Potential short squeeze plays have gained popularity among traders in 2021 and 2022. High short interest and steep borrowing costs are common traits that could lead to a short squeeze. MedAvail Holdings, Healthcare Triangle Inc, Yellow Corporation, Greenidge Generation Holdings, and Blue Apron Holdings Inc are the top five short squeeze candidates this week. Other stocks to watch include Getty Images Holdings, JOANN Inc, Celcuity Inc, UpHealth Inc, and Tupperware Brands Corporation.

Portfolio Pulse from Chris Katje

August 07, 2023 | 2:15 pm

MedAvail has announced an agreement with Oak Lawn Pharmacy for the deployment of ten M4 MedCenters. Oak Lawn Pharmacy will fund the cost of setting up the MedCenters and plans to deploy two M4 kiosks in 2023, with the remaining units to be deployed within 24 months of contract execution.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:17 pm

MedAvail Holdings, Inc. (NASDAQ:MDVL) has announced a 1-for-50 reverse stock split of its outstanding shares of common stock, effective from July 31, 2023. The move is part of the company's plan to regain compliance with the Minimum Bid Price Requirement of $1.00 per share for continued listing on The Nasdaq Capital Market. The reverse stock split will reduce the number of the company's outstanding common stock from approximately 81 million shares to approximately 1.6 million shares.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:31 pm

MedAvail Holdings, Inc. (NASDAQ:MDVL), a pharmacy technology company, has announced successful integration between its Remote Dispensing System and its largest partner, Texas Health Resources.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:02 pm

Several consumer staples stocks experienced significant movement in Tuesday's after-market session. YanGuFang Intl Gr, TDH Hldgs, RiceBran Tech, Missfresh, MedAvail Holdings, and Waldencast saw gains, while Fresh Vine Wine, Lifevantage, Better Choice Co, Bit Brother, Edible Garden AG, and Blue Star Foods experienced losses.

Portfolio Pulse from Benzinga Insights

July 04, 2023 | 9:37 pm

Medavail Holdings has filed a prospectus relating to an offer from time to time by selling stockholders of up to 99.6 million shares of common stock.

Portfolio Pulse from Charles Gross

June 29, 2023 | 9:29 pm

American Software shares dropped 20.8% despite better-than-expected Q4 earnings, as sales missed estimates and FY24 revenue guidance was between $120 million and $126 million. Other stocks experienced significant price movements during Friday's mid-day session.

Portfolio Pulse from Lisa Levin

June 09, 2023 | 4:49 pm

MedAvail Holdings (NASDAQ:MDVL) reported Q1 earnings with an EPS of $-0.16, beating estimates by 23.81%. However, revenue was down $8.49 million compared to the same period last year.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 9:15 pm

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