R1 RCM Inc. (RCM) 14-day ATR is 0.43: This Stock is Set to Soar Above its Peers

R1 RCM Inc. (NASDAQ: RCM) started the day on Thursday, with a price increase of 9.70% at $14.13, before settling in for the price of $12.88 at the close. Taking a more long-term approach, RCM posted a 52-week range of $8.87-$18.53.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 21.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -84.97%. This publicly-traded company’s shares outstanding now amounts to $420.20 million, simultaneously with a float of $156.00 million. The organization now has a market capitalization sitting at $5.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.63, while the 200-day Moving Average is $11.80.

R1 RCM Inc. (RCM) 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. R1 RCM Inc.’s current insider ownership accounts for 62.97%, in contrast to 35.57% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s President sold 10,046 shares at the rate of 14.33, making the entire transaction reach 143,959 in total value, affecting insider ownership by 0. Preceding that transaction, on Aug 08 ’23, Company’s Director sold 50,000 for 17.17, making the whole transaction’s value amount to 858,650. This particular insider is now the holder of 72,114 in total.

R1 RCM Inc. (RCM) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 3/31/2024, the organization reported 0 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at 0) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

R1 RCM Inc.’s EPS decrease for this current 12-month fiscal period is -84.97% and is forecasted to reach 0.34 in the upcoming year.

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

Let’s observe the current performance indicators for R1 RCM Inc. (RCM). It’s Quick Ratio in the last reported quarter now stands at 1.79. The Stock has managed to achieve an average true range (ATR) of 0.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.57. Similarly, its price to free cash flow for trailing twelve months is now 26.04.

In the same vein, RCM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.08, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.34 at the market close of one year from today.

Technical Analysis of R1 RCM Inc. (RCM)

If we take a close look at the recent performances of R1 RCM Inc. (NASDAQ: RCM), its last 5-days Average volume was 17.36 million that shows progress from its year to date volume of 3.6 million. During the previous 9 days, stock’s Stochastic %D was recorded 56.16% While, its Average True Range was 0.45.

Raw Stochastic average of R1 RCM Inc. (RCM) in the period of the previous 100 days is set at 98.07%, which indicates a major rise in contrast to 97.52% 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 44.92% that was higher than 43.14% volatility it exhibited in the past 100-days period.