On Friday, CareMax Inc (NASDAQ: CMAX) was -18.35% drop from the session before settling in for the closing price of $2.78. A 52-week range for CMAX has been $1.55 – $85.20.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 106.13%. When this article was written, the company’s average yearly earnings per share was at 75.18%. With a float of $2.36 million, this company’s outstanding shares have now reached $3.74 million.
Let’s determine the extent of company efficiency that accounts for 1450 employees. In terms of profitability, gross margin is 57.72%, operating margin of -30.53%, and the pretax margin is -99.89%.
CareMax Inc (CMAX) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CareMax Inc stocks. The insider ownership of CareMax Inc is 38.19%, while institutional ownership is 38.46%.
CareMax Inc (CMAX) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -27.6 earnings per share (EPS) during the time that was less than consensus figure (set at -3.45) by -24.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -5.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 75.18% per share during the next fiscal year.
CareMax Inc (NASDAQ: CMAX) Trading Performance Indicators
You can see what CareMax Inc (CMAX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -208.41, a number that is poised to hit -8.25 in the next quarter and is forecasted to reach -23.81 in one year’s time.
Technical Analysis of CareMax Inc (CMAX)
Looking closely at CareMax Inc (NASDAQ: CMAX), its last 5-days average volume was 0.12 million, which is a drop from its year-to-date volume of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 6.96%. Additionally, its Average True Range was 0.70.
During the past 100 days, CareMax Inc’s (CMAX) raw stochastic average was set at 10.37%, which indicates a significant increase from 9.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 147.61% in the past 14 days, which was lower than the 277.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.42, while its 200-day Moving Average is $7.52. However, in the short run, CareMax Inc’s stock first resistance to watch stands at $2.68. Second resistance stands at $3.10. The third major resistance level sits at $3.39. If the price goes on to break the first support level at $1.98, it is likely to go to the next support level at $1.69. Should the price break the second support level, the third support level stands at $1.27.
CareMax Inc (NASDAQ: CMAX) Key Stats
There are 3,803K outstanding shares of the company, which has a market capitalization of 8.65 million. As of now, sales total 751,100 K while income totals -683,350 K. Its latest quarter income was 198,630 K while its last quarter net income were -170,560 K.
