A major move is in the offing as GoodRx Holdings Inc (GDRX) market cap hits 1.79 billion

GoodRx Holdings Inc (NASDAQ: GDRX) on Tuesday, plunged -3.89% from the previous trading day, before settling in for the closing price of $4.89. Within the past 52 weeks, GDRX’s price has moved between $4.63 and $9.26.

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Healthcare Sector giant saw their annual sales surged by 26.70% over the last five years. The company achieved an average annual earnings per share of 22.60%. With a float of $81.16 million, this company’s outstanding shares have now reached $92.36 million.

The firm has a total of 694 workers. Let’s measure their productivity. In terms of profitability, gross margin is 84.0%, operating margin of 5.82%, and the pretax margin is -0.58%.

GoodRx Holdings Inc (GDRX) Insider Activity

Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of GoodRx Holdings Inc is 78.38%, while institutional ownership is 15.30%. 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

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.08 earnings per share (EPS) for the period topping the consensus outlook (set at 0.07) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 22.60% per share during the next fiscal year.

GoodRx Holdings Inc (NASDAQ: GDRX) Trading Performance Indicators

GoodRx Holdings Inc (GDRX) is currently performing well based on its current performance indicators. A quick ratio of 5.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27. Likewise, its price to free cash flow for the trailing twelve months is 11.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of GoodRx Holdings Inc (GDRX)

Analysing the last 5-days average volume posted by the [GoodRx Holdings Inc, GDRX], we can find that recorded value of 3.75 million was better than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 9.00%. Additionally, its Average True Range was 0.32.

During the past 100 days, GoodRx Holdings Inc’s (GDRX) raw stochastic average was set at 0.87%, which indicates a significant decrease from 2.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.89% in the past 14 days, which was higher than the 61.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.76, while its 200-day Moving Average is $7.26. Now, the first resistance to watch is $4.87. This is followed by the second major resistance level at $5.05. The third major resistance level sits at $5.14. If the price goes on to break the first support level at $4.60, it is likely to go to the next support level at $4.51. Should the price break the second support level, the third support level stands at $4.33.

GoodRx Holdings Inc (NASDAQ: GDRX) Key Stats

Market capitalization of the company is 1.79 billion based on 379,453K outstanding shares. Right now, sales total 750,270 K and income totals -8,870 K. The company made 195,250 K in profit during its latest quarter, and 3,970 K in sales during its previous quarter.