Pediatrix Medical Group Inc (MD) is gearing up for another turning point as it hit the volume of 0.55 million

Pediatrix Medical Group Inc (NYSE: MD) on Tuesday, soared 0.42% from the previous trading day ,before settling in for the closing price of $9.51. Within the past 52 weeks, MD’s price has moved between $7.70 and $15.20.

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Healthcare Sector giant saw their annual sales slid by -7.30% over the last five years. The company achieved an average annual earnings per share of -1.27%. With a float of $83.13 million, this company’s outstanding shares have now reached $84.12 million.

Pediatrix Medical Group Inc (MD) Insider Activity

Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Pediatrix Medical Group Inc is 1.18%, while institutional ownership is 98.35%. The most recent insider transaction that took place on Dec 14 ’23, was worth 55,219. In this transaction Chief Executive Officer of this company sold 5,764 shares at a rate of $9.58, taking the stock ownership to the 90,874 shares. Before that another transaction happened on Dec 14 ’23, when Company’s EVP, General Counsel & Sec sold 1,150 for $9.62, making the entire transaction worth $11,063. This insider now owns 15,730 shares in total.

Pediatrix Medical Group Inc (MD) Earnings and Forecasts

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.32 earnings per share (EPS) for the period topping the consensus outlook (set at $0.32) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.27% per share during the next fiscal year.

Pediatrix Medical Group Inc (NYSE: MD) Trading Performance Indicators

Pediatrix Medical Group Inc (MD) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 6.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.29 in one year’s time.

Technical Analysis of Pediatrix Medical Group Inc (MD)

Analysing the last 5-days average volume posted by the [Pediatrix Medical Group Inc, MD], we can find that recorded value of 0.7 million was lower than the volume posted last year of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 35.78%. Additionally, its Average True Range was 0.33.

During the past 100 days, Pediatrix Medical Group Inc’s (MD) raw stochastic average was set at 74.60%, which indicates a significant increase from 42.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.30% in the past 14 days, which was lower than the 41.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.22, while its 200-day Moving Average is $11.16. Now, the first resistance to watch is $9.66. This is followed by the second major resistance level at $9.77. The third major resistance level sits at $9.88. If the price goes on to break the first support level at $9.44, it is likely to go to the next support level at $9.32. Should the price break the second support level, the third support level stands at $9.21.

Pediatrix Medical Group Inc (NYSE: MD) Key Stats

Market capitalization of the company is 803.35 million based on 84,026K outstanding shares. Right now, sales total 1,995 M and income totals -60,410 K. The company made 496,440 K in profit during its latest quarter, and -124,290 K in sales during its previous quarter.