R1 RCM Inc (RCM) is ready for next Episode as it posted an annual sales of 2,254 M

On Monday, R1 RCM Inc (NASDAQ: RCM) was 0.14% up from the session before settling in for the closing price of $14.26. A 52-week range for RCM has been $8.87 – $15.12.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 21.41%. When this article was written, the company’s average yearly earnings per share was at -87.85%. With a float of $156.92 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 Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward R1 RCM Inc stocks. The insider ownership of R1 RCM Inc is 62.83%, while institutional ownership is 35.66%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -87.85% per share during the next fiscal year.

R1 RCM Inc (NASDAQ: RCM) Trading Performance Indicators

You can see what R1 RCM Inc (RCM) is doing with its current performance indicators. In the most recent 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 2.53. Likewise, its price to free cash flow for the trailing twelve months is 29.71.

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 0.36 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 1.39 million was inferior to 3.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.44%. Additionally, its Average True Range was 0.03.

During the past 100 days, R1 RCM Inc’s (RCM) raw stochastic average was set at 99.73%, which indicates a significant increase from 88.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.56% in the past 14 days, which was lower than the 38.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.17, while its 200-day Moving Average is $12.96. Now, the first resistance to watch is $14.29. This is followed by the second major resistance level at $14.31. The third major resistance level sits at $14.32. If the price goes on to break the first support level at $14.26, it is likely to go to the next support level at $14.25. Assuming the price breaks the second support level, the third support level stands at $14.23.

R1 RCM Inc (NASDAQ: RCM) Key Stats

There are 422,195K outstanding shares of the company, which has a market capitalization of 6.03 billion. As of now, sales total 2,254 M while income totals 3,300 K. Its latest quarter income was 627,900 K while its last quarter net income were -7,600 K.