On Tuesday, R1 RCM Inc. (NASDAQ: RCM) opened lower -0.14% from the last session, before settling in for the closing price of $14.11. Price fluctuations for RCM have ranged from $8.87 to $18.22 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 21.41%. Company’s average yearly earnings per share was noted -83.95% at the time writing. With a float of $156.34 million, this company’s outstanding shares have now reached $420.20 million.
The extent of productivity of a business whose workforce counts for 30000 workers is very important to gauge. In terms of profitability, gross margin is 20.43%, operating margin of 6.79%, and the pretax margin is -0.89%.
R1 RCM Inc. (RCM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of R1 RCM Inc. is 62.96%, while institutional ownership is 35.89%. 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.
R1 RCM Inc. (RCM) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -83.95% per share during the next fiscal year.
R1 RCM Inc. (NASDAQ: RCM) Trading Performance Indicators
Check out the current performance indicators for R1 RCM Inc. (RCM). In the past quarter, the stock posted a quick ratio of 1.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50. Likewise, its price to free cash flow for the trailing twelve months is 29.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.37 in one year’s time.
Technical Analysis of R1 RCM Inc. (RCM)
The latest stats from [R1 RCM Inc., RCM] show that its last 5-days average volume of 2.21 million was inferior to 3.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.30%. Additionally, its Average True Range was 0.13.
During the past 100 days, R1 RCM Inc.’s (RCM) raw stochastic average was set at 97.77%, which indicates a significant increase from 79.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.72% in the past 14 days, which was lower than the 42.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.27, while its 200-day Moving Average is $12.12. Now, the first resistance to watch is $14.12. This is followed by the second major resistance level at $14.15. The third major resistance level sits at $14.18. If the price goes on to break the first support level at $14.06, it is likely to go to the next support level at $14.04. The third support level lies at $14.01 if the price breaches the second support level.
R1 RCM Inc. (NASDAQ: RCM) Key Stats
There are currently 421,255K shares outstanding in the company with a market cap of 5.95 billion. Presently, the company’s annual sales total 2,254 M according to its annual income of 3,300 K. Last quarter, the company’s sales amounted to 627,900 K and its income totaled -7,600 K.
