-1.36% percent quarterly performance for GoodRx Holdings Inc (GDRX) is not indicative of the underlying story

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A new trading day began on Monday, with GoodRx Holdings Inc (NASDAQ: GDRX) stock price down -4.10% from the previous day of trading, before settling in for the closing price of $6.83. GDRX’s price has ranged from $4.14 to $9.37 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 26.70%. Meanwhile, its annual earnings per share averaged 31.14%. With a float of $76.75 million, this company’s outstanding shares have now reached $92.36 million.

Considering the fact that the conglomerate employs 694 people, you should pay attention to its efficiency factor.

GoodRx Holdings Inc (GDRX) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of GoodRx Holdings Inc is 80.57%, while institutional ownership is 13.28%. The most recent insider transaction that took place on Nov 30 ’23, was worth 124,806. In this transaction an insider of this company bought 21,652 shares at a rate of $5.76, taking the stock ownership to the 182,900 shares. Before that another transaction happened on Nov 29 ’23, when Company’s insider bought 26,348 for $5.90, making the entire transaction worth $155,482. This insider now owns 161,248 shares in total.

GoodRx Holdings Inc (GDRX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.55 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 31.14% per share during the next fiscal year.

GoodRx Holdings Inc (NASDAQ: GDRX) Trading Performance Indicators

Here are GoodRx Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 18.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.42 in one year’s time.

Technical Analysis of GoodRx Holdings Inc (GDRX)

Compared to the last year’s volume of 1.59 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.55%. Additionally, its Average True Range was 0.35.

During the past 100 days, GoodRx Holdings Inc’s (GDRX) raw stochastic average was set at 39.38%, which indicates a significant increase from 8.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.67% in the past 14 days, which was lower than the 65.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.84, while its 200-day Moving Average is $6.32. Nevertheless, the first resistance level for the watch stands at $6.76 in the near term. At $6.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.12. If the price goes on to break the first support level at $6.40, it is likely to go to the next support level at $6.25. Should the price break the second support level, the third support level stands at $6.04.

GoodRx Holdings Inc (NASDAQ: GDRX) Key Stats

With a market capitalization of 2.59 billion, the company has a total of 394,997K Shares Outstanding. Currently, annual sales are 750,270 K while annual income is -8,870 K. The company’s previous quarter sales were 196,640 K while its latest quarter income was -25,870 K.