R1 RCM Inc. (NASDAQ: RCM) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $13.95. Within the past 52 weeks, RCM’s price has moved between $8.87 and $18.22.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 21.41%. The company achieved an average annual earnings per share of -81.57%. With a float of $156.30 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) Insider Activity
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of R1 RCM Inc. is 62.97%, while institutional ownership is 35.45%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -81.57% per share during the next fiscal year.
R1 RCM Inc. (NASDAQ: RCM) Trading Performance Indicators
R1 RCM Inc. (RCM) is currently performing well based on its current performance indicators. A quick ratio of 1.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 25.76.
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 0.36 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 23.53 million, which is a jump from its year-to-date volume of 3.77 million. As of the previous 9 days, the stock’s Stochastic %D was 88.41%. Additionally, its Average True Range was 0.37.
During the past 100 days, R1 RCM Inc.’s (RCM) raw stochastic average was set at 93.88%, which indicates a significant increase from 86.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.37% in the past 14 days, which was higher than the 43.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.74, while its 200-day Moving Average is $11.84. However, in the short run, R1 RCM Inc.’s stock first resistance to watch stands at $14.01. Second resistance stands at $14.06. The third major resistance level sits at $14.10. If the price goes on to break the first support level at $13.92, it is likely to go to the next support level at $13.88. Should the price break the second support level, the third support level stands at $13.83.
R1 RCM Inc. (NASDAQ: RCM) Key Stats
Market capitalization of the company is 5.89 billion based on 421,255K outstanding shares. Right now, sales total 2,254 M and income totals 3,300 K. The company made 603,900 K in profit during its latest quarter, and -35,100 K in sales during its previous quarter.
