AdaptHealth Corp (AHCO) average volume reaches $999.70K: Is Wall Street expecting a rally?

On Tuesday, AdaptHealth Corp (NASDAQ: AHCO) opened lower -4.58% from the last session, before settling in for the closing price of $10.04. Price fluctuations for AHCO have ranged from $6.43 to $11.90 over the past 52 weeks.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 62.79%. Company’s average yearly earnings per share was noted -53.35% at the time writing. With a float of $86.91 million, this company’s outstanding shares have now reached $131.60 million.

Let’s determine the extent of company efficiency that accounts for 10700 employees. In terms of profitability, gross margin is 15.12%, operating margin of 8.63%, and the pretax margin is -6.33%.

AdaptHealth Corp (AHCO) Insider Activity

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 35.41%, while institutional ownership is 68.52%. The most recent insider transaction that took place on Nov 22 ’24, was worth 392,079. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 7,000 for $10.80, making the entire transaction worth $75,600. This insider now owns 74,889 shares in total.

AdaptHealth Corp (AHCO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -53.35% 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 0.40. Likewise, its price to free cash flow for the trailing twelve months is 5.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.65, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 0.97 in one year’s time.

Technical Analysis of AdaptHealth Corp (AHCO)

Looking closely at AdaptHealth Corp (NASDAQ: AHCO), its last 5-days average volume was 0.82 million, which is a drop from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 55.95%. Additionally, its Average True Range was 0.48.

During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 30.23%, which indicates a significant increase from 14.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.94% in the past 14 days, which was lower than the 60.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.33, while its 200-day Moving Average is $10.33. However, in the short run, AdaptHealth Corp’s stock first resistance to watch stands at $9.98. Second resistance stands at $10.37. The third major resistance level sits at $10.69. If the price goes on to break the first support level at $9.27, it is likely to go to the next support level at $8.95. Should the price break the second support level, the third support level stands at $8.56.

AdaptHealth Corp (NASDAQ: AHCO) Key Stats

There are currently 134,555K shares outstanding in the company with a market cap of 1.29 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 805,860 K and its income totaled 22,860 K.