The key reasons why R1 RCM Inc. (RCM) is -23.33% away from 52-week high?

As on Wednesday, R1 RCM Inc. (NASDAQ: RCM) started slowly as it slid -0.07% to $13.97, before settling in for the price of $13.98 at the close. Taking a more long-term approach, RCM posted a 52-week range of $8.87-$18.22.

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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 21.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -78.22%. This publicly-traded company’s shares outstanding now amounts to $420.20 million, simultaneously with a float of $156.31 million. The organization now has a market capitalization sitting at $5.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.88, while the 200-day Moving Average is $11.91.

R1 RCM Inc. (RCM) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Health Information Services industry. R1 RCM Inc.’s current insider ownership accounts for 62.97%, in contrast to 34.97% 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.

R1 RCM Inc. (RCM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

R1 RCM Inc.’s EPS decrease for this current 12-month fiscal period is -78.22% and is forecasted to reach 0.39 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 1.84. The Stock has managed to achieve an average true range (ATR) of 0.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.48. Similarly, its price to free cash flow for trailing twelve months is now 29.06.

In the same vein, RCM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.10, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be 0.39 at the market close of one year from today.

Technical Analysis of R1 RCM Inc. (RCM)

Through scrutinizing the latest numbers posted by the [R1 RCM Inc., RCM], it can be observed that its last 5-days Average volume of 6.51 million was better the volume of 3.88 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 55.43% While, its Average True Range was 0.20.

Raw Stochastic average of R1 RCM Inc. (RCM) in the period of the previous 100 days is set at 94.44%, which indicates a major rise in contrast to 87.58% 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 40.45% that was lower than 42.73% volatility it exhibited in the past 100-days period.