Digirad Co. (NASDAQ:DRAD) rose 21.4% on Friday . The company traded as high as $0.94 and last traded at $0.85. Approximately 763,905 shares changed hands during trading, an increase of 833% from the average daily volume of 81,857 shares. The stock had previously closed at $0.70.
The company has a current ratio of 1.60, a quick ratio of 1.19 and a debt-to-equity ratio of 0.37.
A hedge fund recently bought a new stake in Digirad stock. Price Wealth Management Inc. acquired a new stake in shares of Digirad Co. (NASDAQ:DRAD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 61,000 shares of the medical equipment provider’s stock, valued at approximately $35,000. Price Wealth Management Inc. owned approximately 0.30% of Digirad at the end of the most recent reporting period. 38.83% of the stock is currently owned by institutional investors and hedge funds.
Digirad Corporation provides healthcare solutions in the United States. It operates through Diagnostic Services, Mobile Healthcare, and Diagnostic Imaging segments. The Diagnostic Services segment provides nuclear and ultrasound imaging services to physicians who perform nuclear imaging, echocardiography, vascular or general ultrasound tests, imaging systems, radiopharmaceuticals, and licensing services, as well as offers remote cardiac event monitoring services.
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