A new trading day began on Tuesday, with Definitive Healthcare Corp (NASDAQ: DH) stock price up 3.10% from the previous day of trading, before settling in for the closing price of $7.09. DH’s price has ranged from $5.53 to $12.45 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 31.43%. Meanwhile, its annual earnings per share averaged 25.99%. With a float of $48.63 million, this company’s outstanding shares have now reached $116.56 million.
Let’s determine the extent of company efficiency that accounts for 830 employees.
Definitive Healthcare Corp (DH) Breakdown of a Key Holders of the stock
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 Definitive Healthcare Corp is 58.72%, while institutional ownership is 44.70%. The most recent insider transaction that took place on Aug 24 ’23, was worth 62,500. In this transaction Director of this company sold 6,656 shares at a rate of $9.39, taking the stock ownership to the 1,441,657 shares. Before that another transaction happened on May 12 ’23, when Company’s Director sold 6,240 for $9.11, making the entire transaction worth $56,846. This insider now owns 1,743,478 shares in total.
Definitive Healthcare Corp (DH) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 16.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 47.20% during the next five years compared to -64.67% drop over the previous five years of trading.
Definitive Healthcare Corp (NASDAQ: DH) Trading Performance Indicators
Here are Definitive Healthcare Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 22.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.77, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Definitive Healthcare Corp (DH)
Looking closely at Definitive Healthcare Corp (NASDAQ: DH), its last 5-days average volume was 0.7 million, which is a jump from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 15.75%. Additionally, its Average True Range was 0.35.
During the past 100 days, Definitive Healthcare Corp’s (DH) raw stochastic average was set at 10.54%, which indicates a significant decrease from 27.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.53% in the past 14 days, which was lower than the 49.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.45, while its 200-day Moving Average is $8.85. However, in the short run, Definitive Healthcare Corp’s stock first resistance to watch stands at $7.47. Second resistance stands at $7.63. The third major resistance level sits at $7.87. If the price goes on to break the first support level at $7.07, it is likely to go to the next support level at $6.82. Now, if the price goes above the second support level, the third support stands at $6.66.
Definitive Healthcare Corp (NASDAQ: DH) Key Stats
With a market capitalization of 861.04 million, the company has a total of 117,789K Shares Outstanding. Currently, annual sales are 251,420 K while annual income is -202,390 K. The company’s previous quarter sales were 65,930 K while its latest quarter income was -10,480 K.
