How to buy Progressive Care stock (Progressive Care)

Progressive Care is a pharmaceutical retailers business based in the US. Progressive Care shares (RXMD) are listed on the OTCQB and all prices are listed in US Dollars. Progressive Care employs 143 staff and has a trailing 12-month revenue of around $54.9 million.

Our top picks for where to buy Progressive Care stock

Buy Progressive Care stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Progressive Care stock price (OTCQB: RXMD)

Use our graph to track the performance of RXMD stocks over time.

Progressive Care shares at a glance

• Key figures

Information last updated 2024-10-29.

52-week range	$0.85 - $3.50
50-day moving average more info button	$1.77
200-day moving average more info button	$2.17
Wall St. target price	N/A
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-2.89

Is it a good time to buy Progressive Care stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Progressive Care stock undervalued or overvalued?

Valuing Progressive Care stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Progressive Care's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Progressive Care's EBITDA

Progressive Care's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.5 million.

The EBITDA is a measure of a Progressive Care's overall financial performance and is widely used to measure a its profitability.

To put Progressive Care's EBITDA into context you can compare it against that of similar companies.

• CVS Health (CVS.US): USD$14.1 billion
• Walgreens Boots Alliance (WBA.US): USD$2.9 billion
• Merck-and-Company (MRK.US): USD$22.9 billion

Progressive Care financials

Revenue TTM	$54.9 million
Operating margin TTM	3.66%
Gross profit TTM	$10.2 million
Return on assets TTM	-1.36%
Return on equity TTM	-177.59%
Profit margin	-44.27%
Book value	$2.72
Market Capitalization more info button	$13.5 million

TTM: trailing 12 months

Progressive Care share dividends

We're not expecting Progressive Care to pay a dividend over the next 12 months.

You may also wish to consider:

• CVS Health (CVS.US) (6% forward annual dividend yield)
• Walgreens Boots Alliance (WBA.US) (10.47% forward annual dividend yield)
• Merck-and-Company (MRK.US) (3.3% forward annual dividend yield)

Have Progressive Care's shares ever split?

Progressive Care's shares were split on a 1:200 basis on 29 December 2022 . So if you had owned 200 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Progressive Care shares – just the quantity. However, indirectly, the new 19900% higher share price could have impacted the market appetite for Progressive Care shares which in turn could have impacted Progressive Care's share price.

Progressive Care share price volatility

Over the last 12 months, Progressive Care's shares have ranged in value from as little as $0.85 up to $3.5. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (OTCQB average) beta is 1, while Progressive Care's is -0.214. This would suggest that Progressive Care's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Progressive Care has bucked the trend.

To put Progressive Care's beta into context you can compare it against those of similar companies.

• CVS Health (CVS.US): 0.543
• Walgreens Boots Alliance (WBA.US): 0.669
• Merck-and-Company (MRK.US): 0.411

Progressive Care overview

Progressive Care, Inc. operates as a healthcare services and technology company in south Florida. The company provides prescription pharmaceuticals; COVID-19 related diagnostics and vaccinations; compounded medications; tele-pharmacy services; anti-retroviral medications; medication therapy management; and medication adherence packaging and contracted pharmacy services. It also supplies various prescription medications to long term care facilities. In addition, the company offers computerized maintenance of patient prescription histories; third party billing; and consultant pharmacist services consisting of evaluation of monthly patient drug therapy and monitoring the institution's drug distribution system, as well as data management and reporting services to support health care organizations. Progressive Care, Inc. is based in Hallandale Beach, Florida.

Frequently asked questions

What percentage of Progressive Care is owned by insiders or institutions?
Currently 48% of Progressive Care shares are held by insiders and 3.856% by institutions. How many people work for Progressive Care?
Latest data suggests 143 work at Progressive Care. When does the fiscal year end for Progressive Care?
Progressive Care's fiscal year ends in December. Where is Progressive Care based?
Progressive Care's address is: 400 Ansin Boulevard, Hallandale Beach, FL, United States, 33009 What is Progressive Care's ISIN number?
Progressive Care's international securities identification number is: US74332G1085