R1 RCM Inc. (RCM) posted a -4.66% change over the last five days signaling a new trend

R1 RCM Inc. (NASDAQ: RCM) kicked off on Monday, down -2.42% from the previous trading day, before settling in for the closing price of $13.01. Over the past 52 weeks, RCM has traded in a range of $8.87-$18.53.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 21.41%. While this was happening, its average annual earnings per share was recorded -84.97%. With a float of $156.00 million, this company’s outstanding shares have now reached $420.20 million.

Let’s determine the extent of company efficiency that accounts for 30000 employees.

R1 RCM Inc. (RCM) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of R1 RCM Inc. is 62.97%, while institutional ownership is 35.51%. The most recent insider transaction that took place on Mar 07 ’24, was worth 143,959. In this transaction President of this company sold 10,046 shares at a rate of $14.33, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 08 ’23, when Company’s Director sold 50,000 for $17.17, making the entire transaction worth $858,650. This insider now owns 72,114 shares in total.

R1 RCM Inc. (RCM) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -84.97% per share during the next fiscal year.

R1 RCM Inc. (NASDAQ: RCM) Trading Performance Indicators

Take a look at R1 RCM Inc.’s (RCM) current performance indicators. Last quarter, stock had a quick ratio of 1.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.31. Likewise, its price to free cash flow for the trailing twelve months is 23.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.34 in one year’s time.

Technical Analysis of R1 RCM Inc. (RCM)

Looking closely at R1 RCM Inc. (NASDAQ: RCM), its last 5-days average volume was 1.94 million, which is a drop from its year-to-date volume of 3.1 million. As of the previous 9 days, the stock’s Stochastic %D was 23.68%. Additionally, its Average True Range was 0.37.

During the past 100 days, R1 RCM Inc.’s (RCM) raw stochastic average was set at 54.58%, which indicates a significant increase from 27.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.90% in the past 14 days, which was lower than the 40.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.58, while its 200-day Moving Average is $11.80. However, in the short run, R1 RCM Inc.’s stock first resistance to watch stands at $12.96. Second resistance stands at $13.22. The third major resistance level sits at $13.37. If the price goes on to break the first support level at $12.55, it is likely to go to the next support level at $12.40. Now, if the price goes above the second support level, the third support stands at $12.13.

R1 RCM Inc. (NASDAQ: RCM) Key Stats

The company with the Market Capitalisation of 5.35 billion has total of 421,255K Shares Outstanding. Its annual sales at the moment are 2,254 M in contrast with the sum of 3,300 K annual income. Company’s last quarter sales were recorded 603,900 K and last quarter income was -35,100 K.