GoodRx Holdings Inc (GDRX) average volume reaches $1.28M: Is Wall Street expecting a rally?

GoodRx Holdings Inc (NASDAQ: GDRX) kicked off on Tuesday, up 0.94% from the previous trading day, before settling in for the closing price of $6.35. Over the past 52 weeks, GDRX has traded in a range of $4.14-$9.26.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 26.70%. While this was happening, its average annual earnings per share was recorded 23.79%. With a float of $81.18 million, this company’s outstanding shares have now reached $92.36 million.

Considering the fact that the conglomerate employs 694 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 82.78%, operating margin of -1.64%, and the pretax margin is -7.65%.

GoodRx Holdings Inc (GDRX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of GoodRx Holdings Inc is 78.61%, while institutional ownership is 15.18%. The most recent insider transaction that took place on Sep 03 ’24, was worth 83,922. In this transaction 10% Owner of this company sold 10,677 shares at a rate of $7.86, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Affiliate proposed sale 6,828 for $7.86, making the entire transaction worth $53,668.

GoodRx Holdings Inc (GDRX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 23.79% per share during the next fiscal year.

GoodRx Holdings Inc (NASDAQ: GDRX) Trading Performance Indicators

Take a look at GoodRx Holdings Inc’s (GDRX) current performance indicators. Last quarter, stock had a quick ratio of 7.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.14. Likewise, its price to free cash flow for the trailing twelve months is 19.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.44 in one year’s time.

Technical Analysis of GoodRx Holdings Inc (GDRX)

Compared to the last year’s volume of 1.38 million, its volume of 0.7 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.87%. Additionally, its Average True Range was 0.24.

During the past 100 days, GoodRx Holdings Inc’s (GDRX) raw stochastic average was set at 7.47%, which indicates a significant decrease from 24.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.75% in the past 14 days, which was lower than the 53.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.23, while its 200-day Moving Average is $7.31. Nevertheless, the first resistance level for the watch stands at $6.51 in the near term. At $6.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.71. If the price goes on to break the first support level at $6.31, it is likely to go to the next support level at $6.21. Should the price break the second support level, the third support level stands at $6.11.

GoodRx Holdings Inc (NASDAQ: GDRX) Key Stats

The company with the Market Capitalisation of 2.43 billion has total of 379,453K Shares Outstanding. Its annual sales at the moment are 750,270 K in contrast with the sum of -8,870 K annual income. Company’s last quarter sales were recorded 200,610 K and last quarter income was 6,690 K.