What is HCMC?
Healthier Choices Management Corp., or HCMC for short, is a holding company that operates a handful of grocery stores, restaurants, and wellness centres in Florida and New York. The stores and restaurants sell organic or natural products, along with healthy vitamins and supplements.
Although HCMC is a relatively small company, it became a popular investment in 2021 as one of the ‘meme’ stocks that was swept up in the GameStop drama.
How does HCMC make money?
By selling organic foods and healthy supplements in its grocery stores and restaurants. It also owns some wellness centres – Healthy Choice Wellness Centres – which sell services and treatments designed around healthy living.
What is HCMC’s best selling product?
Groceries are by far HCMC’s biggest selling product. It sells them through its stores in Florida and New York. It also sells vapes in some stores and online through the Amazon Marketplace, but this makes up a small portion of the overall annual revenue.
Who are the key executives at HCMC?
This person is the CEO, here is a list of other leading figures who help run the company…
- Jeffrey Holman, CEO and Chairman of the board
- Anthony Panierello, Director
- Clifford J. Friedman, Director
- Christoper Santi, President and COO
- John A. Ollet, CFO
Where can I buy shares in HCMC?
You can buy HCMC stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in HCMC?
The simplest way to invest in HCMC is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the HCMC price
What is the HCMC stock price today?
The HCMC stock price today is currently $0.00010, as of 29 November 2022.You can use the live HCMC stock chart to track the OTCMKTS:HCMC price in real time above, or compare the HCMC value today to its past performance using the HCMC financials tab at the top of this page.
What is the 52-week low for HCMC stock?
The 52-week low for HCMC stock is $0.00010. HCMC stock is currently 0% above the 52-week low.
What is the 52-week high for HCMC stock?
The 52-week high for HCMC stock is $0.00050. HCMC stock is currently 80% below the 52-week high.
What is the stock forecast for HCMC?
The average HCMC stock forecast has a price target of $0.001 by the end of 2024. HCMC’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock. Read our latest HCMC price forecast for more analysis and guidance.
More stock guides
HCMC’s market capitalisation is $33.97 million. This is calculated by multiplying the number of shares that have been issued by the current HCMC share price. Another way of measuring this is enterprise value, which includes HCMC’s debt obligations. HCMC’s enterprise value is $9.62 million.
The IPO took place in 1996.
Its main competitor is Whole Foods, although many companies offer a similar service on a larger scale and any healthy food or supplement retailer could be considered a competitor. Here are its two largest competitors.
- Whole Foods. Part owned by Amazon, Whole Foods sells locally sourced, organic and plant-based food.
- WalMart. WalMart is the largest supermarket chain in the United States.
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