TRxADE HEALTH (NASDAQ:MEDS) Shares Down 5.4% – Here’s What Happened

Shares of TRxADE HEALTH, Inc. (NASDAQ:MEDS) traded down 5.4% on Tuesday . The stock traded as low as $7.10 and last traded at $7.23. 11,922 shares changed hands during trading, a decline of 94% from the average session volume of 207,831 shares. The stock had previously closed at $7.64.

TRxADE HEALTH Price Performance

The company’s fifty day moving average price is $7.52 and its 200 day moving average price is $8.73.

Institutional Trading of TRxADE HEALTH

An institutional investor recently bought a new position in TRxADE HEALTH stock. Virtu Financial LLC acquired a new position in TRxADE HEALTH, Inc. (NASDAQ:MEDS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,617 shares of the company’s stock, valued at approximately $109,000. Virtu Financial LLC owned about 0.75% of TRxADE HEALTH at the end of the most recent quarter. 5.68% of the stock is currently owned by institutional investors.

About TRxADE HEALTH

TRxADE HEALTH, Inc operates as a health services information technology (IT) company in the United States. The company focuses on digitalizing the retail pharmacy experience by optimizing drug procurement, prescription journey, and patient engagement; and designs, develops, owns, and operates a business-to-business web-based marketplace.