AdaptHealth Corp (NASDAQ: AHCO) kicked off on Tuesday, up 3.08% from the previous trading day, before settling in for the closing price of $9.41. Over the past 52 weeks, AHCO has traded in a range of $6.37-$13.99.
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Annual sales at Healthcare sector company grew by 62.79% over the past five years. While this was happening, its average annual earnings per share was recorded -35.53%. With a float of $82.77 million, this company’s outstanding shares have now reached $132.63 million.
Let’s look at the performance matrix of the company that is accounted for 10700 employees.
AdaptHealth Corp (AHCO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of AdaptHealth Corp is 38.45%, while institutional ownership is 59.90%. The most recent insider transaction that took place on Mar 12 ’24, was worth 1,229,494. In this transaction 10% Owner of this company sold 114,906 shares at a rate of $10.70, taking the stock ownership to the 11,528,863 shares. Before that another transaction happened on Mar 11 ’24, when Company’s 10% Owner sold 182,607 for $11.02, making the entire transaction worth $2,012,557. This insider now owns 11,643,769 shares in total.
AdaptHealth Corp (AHCO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -35.53% per share during the next fiscal year.
AdaptHealth Corp (NASDAQ: AHCO) Trading Performance Indicators
Take a look at AdaptHealth Corp’s (AHCO) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 7.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.17, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.10 in one year’s time.
Technical Analysis of AdaptHealth Corp (AHCO)
AdaptHealth Corp (NASDAQ: AHCO) saw its 5-day average volume 1.33 million, a positive change from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 30.64%. Additionally, its Average True Range was 0.58.
During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 33.83%, which indicates a significant increase from 33.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.79% in the past 14 days, which was higher than the 60.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.51, while its 200-day Moving Average is $9.19. Nevertheless, the first resistance level for the watch stands at $9.82 in the near term. At $9.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.17. If the price goes on to break the first support level at $9.47, it is likely to go to the next support level at $9.23. Assuming the price breaks the second support level, the third support level stands at $9.12.
AdaptHealth Corp (NASDAQ: AHCO) Key Stats
The company with the Market Capitalisation of 1.30 billion has total of 133,202K Shares Outstanding. Its annual sales at the moment are 3,200 M in contrast with the sum of -678,900 K annual income. Company’s last quarter sales were recorded 805,980 K and last quarter income was 19,440 K.
