DarioHealth Corp. (NASDAQ:DRIO) stock observed trading -17.52% off 52-week high price. On the other end, the stock has been noted 514.24% away from low price over the last 52-weeks. The stock disclosed a move of 34.80% away from 50 day moving average and 113.93% away from 200 day moving average. Moving closer, we can see that shares have been trading 11.48% off 20-day moving average. It has market cap of $129.48M.
On Sept. 21, 2020, DarioHealth Corp. (NASDAQ:DRIO) a pioneer in the global digital therapeutics market, and HMC HealthWorks, a 40-year veteran in healthcare management with clinically-integrated models of care that reduce healthcare costs and improve population health, declared that the companies have entered into a sales and distribution partnership pursuant to which HMC will incorporate DarioHealth’s digital therapeutics solution into its comprehensive care management programs. HMC will offer DarioHealth’s platform on both a stand-alone basis as well as incorporated into HMC’s comprehensive care management solutions.
We believe that this agreement with HMC is further validation of the progress we have made in transitioning to a leading provider of digital therapeutics solutions to payors, employers and other at risk entities with a desire to help their members manage their chronic conditions and improve their clinical outcomes, stated Rick Anderson, President and General Manager of North America at DarioHealth. We are pleased to partner with HMC, who has a long history of providing innovative solutions to their customers. This agreement expands our distribution of our solutions and we are already building a pipeline within HMC’s vast client base, which we believe speaks to the tangible results that we bring to patients and payers alike.
The Israel based company DarioHealth Corp. moved with change of -2.11% to $18.55 with the total traded volume of 53743 shares in recent session versus to an average volume of 254.88K. The stock was observed in the 5 days activity at 9.63%. The one month performance of stock was -8.17%. DRIO’s shares are at 179.37% for the quarter and driving a 172.79% return over the course of the past year and is now at 182.77% since this point in 2018. Right now the stock beta is 1.09. The average volatility for the week and month was at 8.89% and 10.18% respectively. There are 7.59M shares outstanding and 5.02M shares are floated in market.