EUDA Health (NASDAQ:EUDA) Stock Price Down 7.1% – What’s Next?

EUDA Health Holdings Limited (NASDAQ:EUDA) was down 7.1% during trading on Monday . The company traded as low as $3.55 and last traded at $3.55. Approximately 105,927 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 72,884 shares. The stock had previously closed at $3.82.

Wall Street Analysts Forecast Growth

Separately, Greenridge Global raised EUDA Health to a “strong-buy” rating in a research note on Monday, December 23rd.

EUDA Health Price Performance

The stock’s 50 day simple moving average is $3.88 and its 200-day simple moving average is $4.14.

Institutional Investors Weigh In On EUDA Health

A hedge fund recently bought a new stake in EUDA Health stock. XTX Topco Ltd purchased a new position in EUDA Health Holdings Limited (NASDAQ:EUDA) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,463 shares of the company’s stock, valued at approximately $75,000. XTX Topco Ltd owned about 0.07% of EUDA Health at the end of the most recent reporting period. Institutional investors own 4.35% of the company’s stock.

About EUDA Health

EUDA Health Holdings Limited operates as a healthcare specialty company. The company operates through two segments, Medical Services and Property Management Services. It offers a range of specialty care services to patients; and operates medical facility general practice clinic that provides holistic care for various illnesses.