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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.


TSXV:RHT.H - Post by User

Comment by Aei773ouon Jul 10, 2020 1:18pm
186 Views
Post# 31252477

RE:The price will stabilize very soon.....

RE:The price will stabilize very soon.....A follow up to my thought on the SP. Being Not a chart guy myself but sometimes it is worth to read the chart and learn a few thing. The market reacts to the oversold condition (last two days) and rebounded today on larger than average volume. In fact the market appears to regard 0.2 as the point of “make or break”. Today the idea of this company going under is removed. Is it going to be on a longer term recovery from the bottom like the two weeks after March 19? With SP under 0.3 revenue growth is assumed as ZERO. At this point in time the situation in the Southern States supports this view. And we will see in the near term SP trading below 0.3. I will be curiously watching signs when the mood of market turns around and begin to price in future growth again. Of course two news definitely helps - a vaccine is found and the Covid is surely under controlled.



Aei773ou wrote: As soon as next Monday the price will reach 0.20. This is the current fair value priced in with no growth in revenue for the next six months. The market appears to think the future revenue based in Texas and Florida cannot materialize as long as a vaccine is non-existence. Lower than 0.2 means the market trades like it will eventually go under and the company is assumed keeping on silent. 

What RHT said optimistically about on May 29 does not seems to happen to the company while it’s peers are doing well, like Livongo.


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