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SmileDirectClub Stock Went Down By Over 23% In The Last 10 Sessions

(VIANEWS) – Shares of SmileDirectClub (NASDAQ: SDC) slid by a staggering 23.53% in 10 sessions from $0.64 at 2023-02-15, to $0.49 at 12:29 EST on Thursday, after five consecutive sessions in a row of losses. NASDAQ is sliding 0.54% to $11,445.22, following the last session’s upward trend.

SmileDirectClub’s last close was $0.51, 83.43% under its 52-week high of $3.10.

About SmileDirectClub

SmileDirectClub, Inc., an oral care company, offers clear aligner therapy treatment. The company manages the end-to-end process, which include marketing, aligner manufacturing, fulfillment, treatment by a doctor, and monitoring through completion of their treatment with a network of approximately 250 licensed orthodontists and general dentists through its teledentistry platform, SmileCheck in the United States, Puerto Rico, Canada, Australia, the United Kingdom, New Zealand, Ireland, Hong Kong, Germany, Singapore, France, Spain, and Austria. It also offers aligners, impression and whitening kits, whitening gels, and retainers; and toothbrushes, toothpastes, water flossers, SmileSpa, and various ancillary oral care products. The company was founded in 2014 and is headquartered in Nashville, Tennessee.

Earnings Per Share

As for profitability, SmileDirectClub has a trailing twelve months EPS of $-2.334.

Revenue Growth

Year-on-year quarterly revenue growth declined by 27.8%, now sitting on 541.41M for the twelve trailing months.

Volume

Today’s last reported volume for SmileDirectClub is 806024 which is 71.8% below its average volume of 2824360.

More news about SmileDirectClub (SDC).

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