What are some positive things about euda?
6/28/2024 07:21pm
EUDA Health Holdings Limited (EUDA) has several positive aspects:
1. **Expansion into Direct Selling**: EUDA's acquisition of CK Health Plus Sdn Bhd has expanded its presence in Malaysia and diversified its business model by entering the direct selling of holistic wellness products.
2. **Digital Healthcare Ecosystem**: The company operates a unique Southeast Asian digital healthcare ecosystem, which includes a unified artificial intelligence platform for patient triage and connection to clinicians.
3. **Compliance with Nasdaq Requirements**: EUDA has regained compliance with Nasdaq Capital Market's continued listing requirements, which is a significant milestone for the company's financial stability.
4. **Market Sentiment**: The stock has shown strong bullish sentiment, with a 3-month percentage change of 77.30% and a 12-month change of 10.03%.
5. **Financial Performance**: Despite a recent decline in earnings and revenues, the company's second-quarter earnings release showed a reduction in losses compared to the previous year, indicating potential stabilization or improvement in financials.
In summary, EUDA's recent acquisitions, expansion into new markets, and strong stock performance indicate positive momentum and potential for growth.