MultiPlan Corp (NYSE: MPLN) started the day on Wednesday, with a price increase of 3.86% at $0.58, before settling in for the price of $0.56 at the close. Taking a more long-term approach, MPLN posted a 52-week range of $0.55-$2.29.
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
The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded -1.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -37.86%. This publicly-traded company’s shares outstanding now amounts to $648.32 million, simultaneously with a float of $272.18 million. The organization now has a market capitalization sitting at $381.52 million. At the time of writing, stock’s 50-day Moving Average stood at $0.8901, while the 200-day Moving Average is $1.3977.
MultiPlan Corp (MPLN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Health Information Services Industry. MultiPlan Corp’s current insider ownership accounts for 58.49%, in contrast to 36.05% institutional ownership.
MultiPlan Corp (MPLN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/31/2023, the organization reported 0 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -0.06) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
MultiPlan Corp’s EPS decrease for this current 12-month fiscal period is -37.86% and is forecasted to reach -0.14 in the upcoming year.
MultiPlan Corp (NYSE: MPLN) Trading Performance Indicators
Let’s observe the current performance indicators for MultiPlan Corp (MPLN). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.40. Similarly, its price to free cash flow for trailing twelve months is now 6.07.
In the same vein, MPLN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.14, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be -0.14 at the market close of one year from today.
Technical Analysis of MultiPlan Corp (MPLN)
If we take a close look at the recent performances of MultiPlan Corp (NYSE: MPLN), its last 5-days Average volume was 3.68 million that shows progress from its year to date volume of 1.65 million. During the previous 9 days, stock’s Stochastic %D was recorded 6.57% While, its Average True Range was 0.0789.
Raw Stochastic average of MultiPlan Corp (MPLN) in the period of the previous 100 days is set at 3.51%, which indicates a major fall in contrast to 11.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 84.71% that was higher than 81.72% volatility it exhibited in the past 100-days period.
