On Monday, AdaptHealth Corp (NASDAQ: AHCO) opened higher 4.81% from the last sessionbefore settling in for the closing price of $10.90. Price fluctuations for AHCO have ranged from $6.37 to $11.90 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
A company in the Healthcare sector has jumped its sales by 62.79% annually for the last half of the decade. Company’s average yearly earnings per share was noted -41.36% at the time writing. With a float of $83.27 million, this company’s outstanding shares have now reached $132.63 million.
In an organization with 10700 employees, it is important to assess its efficiency. 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 Updates
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 38.08%, while institutional ownership is 60.33%. The most recent insider transaction that took place on Sep 16 ’24, was worth 166,616. Before that another transaction happened on Sep 12 ’24, when Company’s Former Affiliate proposed sale 10,000 for $11.31, making the entire transaction worth $113,100.
AdaptHealth Corp (AHCO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -41.36% 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 0.47. Likewise, its price to free cash flow for the trailing twelve months is 9.25.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.99 million. That was inferior than the volume of 1.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.50%. Additionally, its Average True Range was 0.51.
During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 85.86%, which indicates a significant increase from 78.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.81% in the past 14 days, which was lower than the 61.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.63, while its 200-day Moving Average is $9.52. However, in the short run, AdaptHealth Corp’s stock first resistance to watch stands at $11.68. Second resistance stands at $11.93. The third major resistance level sits at $12.34. If the price goes on to break the first support level at $11.02, it is likely to go to the next support level at $10.61. Assuming the price breaks the second support level, the third support level stands at $10.36.
AdaptHealth Corp (NASDAQ: AHCO) Key Stats
There are currently 133,202K shares outstanding in the company with a market cap of 1.54 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.
