Danske Bank A S Acquires Shares of 448,622 Progressive Care, Inc. $RXMD

Danske Bank A S acquired a new stake in Progressive Care, Inc. (OTCMKTS:RXMD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 448,622 shares of the company’s stock, valued at approximately $98,001,000. Danske Bank A S owned approximately 7.19% of Progressive Care at the end of the most recent quarter.

Separately, Plato Investment Management Ltd acquired a new stake in Progressive Care in the second quarter valued at $4,229,000.

Progressive Care Price Performance

Shares of OTCMKTS RXMD opened at $2.11 on Wednesday. The company has a market capitalization of $13.17 million, a price-to-earnings ratio of -0.61 and a beta of -0.21. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.01 and a quick ratio of 1.79. The business has a 50-day moving average of $2.11 and a two-hundred day moving average of $2.11. Progressive Care, Inc. has a 1 year low of $0.40 and a 1 year high of $4.50.

Progressive Care Company Profile

Progressive Care Inc (OTCMKTS: RXMD) is a U.S.-based provider of diagnostic testing and preventive health services, specializing in mobile and facility-based solutions. The company offers a range of point-of-care testing options and full laboratory services, catering to both corporate and clinical clients. Progressive Care’s service offerings are designed to support occupational health, school testing programs, long-term care facilities and community health initiatives.

The company’s core activities include drug and alcohol screening, physical examinations, immunizations and wellness screenings.