Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Trading 1.2% Higher – Should You Buy?

by · The Markets Daily

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC – Get Free Report)’s stock price shot up 1.2% during mid-day trading on Friday . The stock traded as high as $27.19 and last traded at $27.01. Approximately 6,509 shares changed hands during trading, a decline of 74% from the average daily volume of 24,744 shares. The stock had previously closed at $26.68.

Global X Telemedicine & Digital Health ETF Stock Performance

The company has a market capitalization of $97.51 million, a PE ratio of 42.80 and a beta of 0.88. The stock has a fifty day moving average of $25.40 and a 200 day moving average of $26.81.

Global X Telemedicine & Digital Health ETF Company Profile

(Get Free Report)

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.

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