Recent developments with AdaptHealth Corp (AHCO) have led to the company’s beta value being reach 1.10 cents.

On Tuesday, AdaptHealth Corp (NASDAQ: AHCO) opened lower -6.02% from the last session, before settling in for the closing price of $10.63. Price fluctuations for AHCO have ranged from $6.37 to $12.44 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 62.79%. Company’s average yearly earnings per share was noted -37.76% at the time writing. With a float of $82.70 million, this company’s outstanding shares have now reached $132.63 million.

The extent of productivity of a business whose workforce counts for 10700 workers is very important to gauge. In terms of profitability, gross margin is 14.72%, operating margin of -7.46%, and the pretax margin is -22.26%.

AdaptHealth Corp (AHCO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of AdaptHealth Corp is 38.50%, while institutional ownership is 60.59%. The most recent insider transaction that took place on Aug 19 ’24, was worth 107,058. Before that another transaction happened on Aug 15 ’24, when Company’s Former Affiliate proposed sale 25,614 for $10.04, making the entire transaction worth $257,165.

AdaptHealth Corp (AHCO) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -37.76% per share during the next fiscal year.

AdaptHealth Corp (NASDAQ: AHCO) Trading Performance Indicators

Check out the current performance indicators for AdaptHealth Corp (AHCO). In the past quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41. Likewise, its price to free cash flow for the trailing twelve months is 8.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.17, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 1.11 in one year’s time.

Technical Analysis of AdaptHealth Corp (AHCO)

The latest stats from [AdaptHealth Corp, AHCO] show that its last 5-days average volume of 1.02 million was inferior to 1.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.49%. Additionally, its Average True Range was 0.57.

During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 42.56%, which indicates a significant decrease from 48.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.02% in the past 14 days, which was higher than the 61.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.50, while its 200-day Moving Average is $9.26. Now, the first resistance to watch is $10.49. This is followed by the second major resistance level at $10.99. The third major resistance level sits at $11.31. If the price goes on to break the first support level at $9.67, it is likely to go to the next support level at $9.35. The third support level lies at $8.85 if the price breaches the second support level.

AdaptHealth Corp (NASDAQ: AHCO) Key Stats

There are currently 133,202K shares outstanding in the company with a market cap of 1.34 billion. Presently, the company’s annual sales total 3,200 M according to its annual income of -678,900 K. Last quarter, the company’s sales amounted to 805,980 K and its income totaled 19,440 K.