On May 23, 2023, Definitive Healthcare Corp. (NASDAQ: DH) opened at $9.57, lower -1.88% from the last session. During the day, the shares moved up to $9.77 and dropped to $9.38 before settling in for the closing price of $9.60. Price fluctuations for DH have ranged from $8.71 to $30.11 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 69.00% at the time writing. With a float of $58.28 million, this company’s outstanding shares have now reached $108.23 million.
Let’s look at the performance matrix of the company that is accounted for 946 employees.
Definitive Healthcare Corp. (DH) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Definitive Healthcare Corp. is 1.80%, while institutional ownership is 104.94%. The most recent insider transaction that took place on May 12, was worth 56,846. In this transaction Director of this company sold 6,240 shares at a rate of $9.11, taking the stock ownership to the 1,743,478 shares. Before that another transaction happened on Nov 07, when Company’s Executive Chairman bought 450,000 for $11.54, making the entire transaction worth $5,193,000. This insider now owns 450,000 shares in total.
Definitive Healthcare Corp. (DH) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.04) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 69.00% per share during the next fiscal year.
Definitive Healthcare Corp. (NASDAQ: DH) Trading Performance Indicators
Check out the current performance indicators for Definitive Healthcare Corp. (DH). In the past quarter, the stock posted a quick ratio of 3.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.21. Likewise, its price to free cash flow for the trailing twelve months is 51.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Definitive Healthcare Corp. (DH)
Definitive Healthcare Corp. (NASDAQ: DH) saw its 5-day average volume 0.81 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 59.30%. Additionally, its Average True Range was 0.55.
During the past 100 days, Definitive Healthcare Corp.’s (DH) raw stochastic average was set at 13.35%, which indicates a significant decrease from 35.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.19% in the past 14 days, which was lower than the 57.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.38, while its 200-day Moving Average is $13.42. Nevertheless, the first resistance level for the watch stands at $9.67 in the near term. At $9.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.06. If the price goes on to break the first support level at $9.28, it is likely to go to the next support level at $9.13. The third support level lies at $8.89 if the price breaches the second support level.
Definitive Healthcare Corp. (NASDAQ: DH) Key Stats
There are currently 110,215K shares outstanding in the company with a market cap of 1.44 billion. Presently, the company’s annual sales total 222,650 K according to its annual income of -22,260 K. Last quarter, the company’s sales amounted to 59,200 K and its income totaled -11,820 K.
