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Wellgistics Health, Inc. (WGRX)

Healthcare | Pharmaceutical Retailers | Tampa, United States | NasdaqCM
2.91 USD -0.13 (-4.276%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.91 +0.00 (0.010%) ⇧ (July 13, 2026, 7:03 p.m. EDT)

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:40 a.m. EDT

The investment case for Wellgistics Health is currently nonexistent due to catastrophic fundamental deterioration. The company is burning cash aggressively, with operating cash flow of -$12.9 million and free cash flow of -$6.8 million, while reporting a massive -85.6% revenue decline year-over-year. The balance sheet is in distress, highlighted by a negative book value of -$0.12 per share and a precarious current ratio of only 0.086, indicating severe liquidity constraints. Although recent headlines mention a potential acquisition of Neuritek and a reverse split, these are speculative events that have not yet materialized into operational stability or revenue recovery. The stock has collapsed from a high of $97.50 to around $3, reflecting a complete loss of market confidence in the business model. With no dividend history and a statistical forecast model showing very low reliability alongside a negative directional prediction, there is no safe entry point for capital preservation or growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.321456
AutoETS0.383349
AutoARIMA0.384001
MSTL0.396903

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 20%
H-stat 3.51
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.06
Attribute Value
Sector Healthcare
Revenue per Share 8.337
Market Cap 7,314,067
Website https://www.wellgisticshealth.com

Info Dump

Attribute Value
52 Week Change -0.9286876
Address1 3,000 Bayport Drive
Address2 Suite 950
All Time High 352.0
All Time Low 2.8
Ask 3.84
Ask Size 2
Average Daily Volume10 Day 18,980
Average Daily Volume3 Month 643,612
Average Volume 643,612
Average Volume10Days 18,980
Bid 2.14
Bid Size 2
Book Value -0.123
City Tampa
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.91
Current Ratio 0.086
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 3.09
Day Low 2.91
Display Name Wellgistics Health
Earnings Timestamp End 1,758,657,600
Earnings Timestamp Start 1,757,361,600
Ebitda -53,096,984
Ebitda Margins 0.0
Enterprise To Ebitda -0.678
Enterprise To Revenue 2.564
Enterprise Value 35,981,616
Eps Trailing Twelve Months -44.0
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.113
Fifty Day Average Change -1.2029998
Fifty Day Average Change Percent -0.2924872
Fifty Two Week Change Percent -92.86876
Fifty Two Week High 97.5
Fifty Two Week High Change -94.59
Fifty Two Week High Change Percent -0.9701538
Fifty Two Week Low 2.8
Fifty Two Week Low Change 0.11000013
Fifty Two Week Low Change Percent 0.039285764
Fifty Two Week Range 2.8 - 97.5
Financial Currency USD
First Trade Date Milliseconds 1,740,148,200,000
Float Shares 614,458
Free Cashflow -6,756,223
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins -0.49514
Gross Profits -6,948,839
Has Pre Post Market Data 1
Held Percent Insiders 0.68377
Held Percent Institutions 0.01719
Implied Shares Outstanding 2,513,425
Industry Pharmaceutical Retailers
Industry Disp Pharmaceutical Retailers
Industry Key pharmaceutical-retailers
Ipo Expected Date 2,025-02-21
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,779,753,600
Last Split Factor 1:50
Long Business Summary Wellgistics Health, Inc. engages in the wholesale and distribution of pharmaceutical products to pharmaceutical manufacturers and independent retail pharmacies in the United States. The company distributes branded and generic pharmaceuticals, as well as over-the-counter healthcare and consumer products. It also offers third-party logistics services that include warehousing, inventory management, pick and pack, and shipping to small and mid-size pharmaceutical manufacturers. It also operates DelivMeds platform that serves as a pharmaceutical hub to facilitate the transfer of prescriptions and provide backend clinical concierge services to a network of independent pharmacies; and operates a retail community specialty. The company was formerly known as Danam Health, Inc. and changed its name to Wellgistics Health, Inc. in October 2024. Wellgistics Health, Inc. was incorporated in 2022 and is based in Tampa, Florida.
Long Name Wellgistics Health, Inc.
Market us_market
Market Cap 7,314,067
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1851446510
Most Recent Quarter 1,774,915,200
Net Income To Common -76,586,224
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,716,214
Open 2.94
Operating Cashflow -12,920,709
Operating Margins -3.85719
Payout Ratio 0.0
Phone 844 203 6092
Post Market Change 0.00029993057
Post Market Change Percent 0.010306892
Post Market Price 2.9103
Post Market Time 1,783,983,781
Previous Close 3.04
Price Hint 4
Price To Book -23.658537
Price To Sales Trailing12 Months 0.5211684
Profit Margins 0.0
Quick Ratio 0.033
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.12999988
Regular Market Change Percent -4.276312
Regular Market Day High 3.09
Regular Market Day Low 2.91
Regular Market Day Range 2.91 - 3.09
Regular Market Open 2.94
Regular Market Previous Close 3.04
Regular Market Price 2.91
Regular Market Time 1,783,972,800
Regular Market Volume 16,989
Return On Assets -0.79178
Revenue Growth -0.856
Revenue Per Share 8.337
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 2,513,425
Shares Percent Shares Out 0.0419
Shares Short 105,197
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 444,588
Short Name Wellgistics Health, Inc.
Short Percent Of Float 0.0718
Short Ratio 2.02
Source Interval 15
State FL
Symbol WGRX
Total Cash 51,730
Total Cash Per Share 0.021
Total Debt 28,730,920
Total Revenue 14,033,980
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -44.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.6495
Two Hundred Day Average Change -13.7395
Two Hundred Day Average Change Percent -0.82522
Type Disp Equity
Volume 16,989
Website https://www.wellgisticshealth.com
Zip 33,607