Streetbeat News

MEDS

TRxADE HEALTH, Inc.

https://www.trxadehealth.com

Industry

Medical - Pharmaceuticals

TRxADE HEALTH, Inc. operates as a health services IT company in the United States. The company focuses on digitalizing the retail pharmacy experience by optimizing drug procurement, prescription journey, and patient engagement. It operates the TRxADE drug procurement marketplace, which fosters price transparency and serves approximately 11,800 members; and offers patient centric telehealth services under the Bonum Health brand name. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. TRxADE HEALTH, Inc. is based in Land O' Lakes, Florida.

Open

7.25

Mkt cap

13M

Volume

19K

High

7.70

P/E Ratio

-0.31

52-wk high

44.56

Low

7.06

Div yield

2.31

52-wk low

3.69

TRxADE Health, Inc. has rebranded to Scienture Holdings, Inc. and changed its Nasdaq ticker symbol from 'MEDS' to 'SCNX'. The company will continue to operate as a pharmaceutical product company through its subsidiaries.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:29 pm

Trxade Health, Inc. has announced a name change to Scienture Holdings. The company's stock will begin trading under the new ticker symbol SCNX starting September 23.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:10 pm

TRxADE Health has completed a business combination with Scienture in a $103 million all-stock transaction. TRxADE acquired all of Scienture's assets in exchange for TRxADE shares.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:07 pm

Trading for the stock MEDS has been halted as of 7:55:00 a.m. ET pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 11:55 am

CrowdStrike shares fell sharply by around 13% after downgrades from Guggenheim and BTIG analysts. The company also experienced a major outage impacting businesses globally. Selective Insurance Group shares also dipped significantly. Several other stocks saw notable movements, including MIRA Pharmaceuticals, CareMax, Tellurian, and Serve Robotics among gainers, and Linkage Global, Selina Hospitality, and TRxADE HEALTH among losers.

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 5:28 pm

Selective Insurance Group (NASDAQ:SIGI) shares fell 14.8% after reporting weak quarterly results, missing both earnings and sales estimates. Other notable stock movements include Augmedix (NASDAQ:AUGX) surging 148.8% on acquisition news, and SunPower Corporation (NASDAQ:SPWR) dropping 45.8% following an operational pause and analyst downgrade.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:24 pm

12 health care stocks showed significant movements in Thursday's pre-market session. CNS Pharma (CNSP) saw the highest gain, rising 109.5%, while Gain Therapeutics (GANX) experienced the largest decline, falling 15.5%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

Market-Moving News for June 27th includes significant updates from CASI Pharmaceuticals, TRxADE HEALTH, and Recursion Pharmaceuticals. CASI plans to submit a CID-103 IND application and received a non-binding proposal to acquire its China business for $40M. TRxADE HEALTH shares are up following their Q1 financial results. Recursion Pharmaceuticals announced the pricing of its public offering of 30,769,230 shares at $6.50 per share, leading to a drop in share price.

Portfolio Pulse from ryanfaloona@benzinga.com

June 27, 2024 | 12:37 pm

TRxADE HEALTH shares are trading higher following the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 12:15 pm

Trxade Health (NASDAQ:MEDS) reported a significant increase in quarterly losses, with Q1 EPS at $(6.40), a 1322.22% decrease from $(0.45) per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 12:03 pm

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