On Monday, AdaptHealth Corp (NASDAQ: AHCO) opened higher 3.57% from the last session, before settling in for the closing price of $10.09. Price fluctuations for AHCO have ranged from $6.43 to $11.90 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 62.79% over the past five years. Company’s average yearly earnings per share was noted -48.71% at the time writing. With a float of $83.35 million, this company’s outstanding shares have now reached $132.63 million.
Let’s look at the performance matrix of the company that is accounted for 10700 employees. In terms of profitability, gross margin is 14.78%, operating margin of 8.63%, and the pretax margin is -6.33%.
AdaptHealth Corp (AHCO) Insider and Institutional Ownership
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 38.05%, while institutional ownership is 65.03%. The most recent insider transaction that took place on Sep 20 ’24, was worth 281,000. In this transaction Former Chief Operating Officer of this company sold 25,000 shares at a rate of $11.24, taking the stock ownership to the 212,611 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Officer proposed sale 25,000 for $11.24, making the entire transaction worth $281,040.
AdaptHealth Corp (AHCO) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -48.71% 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 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 6.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.65, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.00 in one year’s time.
Technical Analysis of AdaptHealth Corp (AHCO)
AdaptHealth Corp (NASDAQ: AHCO) saw its 5-day average volume 1.94 million, a positive change from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 64.27%. Additionally, its Average True Range was 0.55.
During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 56.39%, which indicates a significant decrease from 76.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.85% in the past 14 days, which was higher than the 62.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.69, while its 200-day Moving Average is $10.13. Nevertheless, the first resistance level for the watch stands at $10.64 in the near term. At $10.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.20. If the price goes on to break the first support level at $10.09, it is likely to go to the next support level at $9.73. The third support level lies at $9.54 if the price breaches the second support level.
AdaptHealth Corp (NASDAQ: AHCO) Key Stats
There are currently 134,470K shares outstanding in the company with a market cap of 1.44 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.
