Quipt Home Medical Corp (QIPT) posted a -7.62% change over the last five days signaling a new trend

On Tuesday, Quipt Home Medical Corp (NASDAQ: QIPT) opened lower -15.15% from the last session, before settling in for the closing price of $3.07. Price fluctuations for QIPT have ranged from $2.34 to $5.29 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 38.79% over the last five years. Company’s average yearly earnings per share was noted -9.06% at the time writing. With a float of $38.65 million, this company’s outstanding shares have now reached $43.09 million.

The firm has a total of 1200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.6%, operating margin of 2.72%, and the pretax margin is -1.73%.

Quipt Home Medical Corp (QIPT) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Quipt Home Medical Corp is 10.30%, while institutional ownership is 55.50%.

Quipt Home Medical Corp (QIPT) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -9.06% per share during the next fiscal year.

Quipt Home Medical Corp (NASDAQ: QIPT) Trading Performance Indicators

Check out the current performance indicators for Quipt Home Medical Corp (QIPT). In the past quarter, the stock posted a quick ratio of 0.77. 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 3.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.04 in one year’s time.

Technical Analysis of Quipt Home Medical Corp (QIPT)

Analysing the last 5-days average volume posted by the [Quipt Home Medical Corp, QIPT], we can find that recorded value of 0.3 million was better than the volume posted last year of 0.19 million. As of the previous 9 days, the stock’s Stochastic %D was 62.47%. Additionally, its Average True Range was 0.16.

During the past 100 days, Quipt Home Medical Corp’s (QIPT) raw stochastic average was set at 15.32%, which indicates a significant decrease from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.46% in the past 14 days, which was higher than the 61.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.70, while its 200-day Moving Average is $3.24. Now, the first resistance to watch is $2.76. This is followed by the second major resistance level at $2.92. The third major resistance level sits at $3.02. If the price goes on to break the first support level at $2.50, it is likely to go to the next support level at $2.40. Now, if the price goes above the second support level, the third support stands at $2.24.

Quipt Home Medical Corp (NASDAQ: QIPT) Key Stats

There are currently 43,091K shares outstanding in the company with a market cap of 112.25 million. Presently, the company’s annual sales total 221,740 K according to its annual income of -2,780 K. Last quarter, the company’s sales amounted to 63,970 K and its income totaled -1,700 K.