AdaptHealth Corp (AHCO) average volume reaches $1.02M: Is Wall Street expecting a rally?

On Friday, AdaptHealth Corp (NASDAQ: AHCO) opened higher 6.09% from the last session, before settling in for the closing price of $9.69. Price fluctuations for AHCO have ranged from $6.43 to $11.90 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 62.79%. Company’s average yearly earnings per share was noted -53.35% at the time writing. With a float of $86.99 million, this company’s outstanding shares have now reached $131.60 million.

Considering the fact that the conglomerate employs 10700 people, you should pay attention to its efficiency factor. 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 35.35%, while institutional ownership is 68.47%. The most recent insider transaction that took place on Dec 19 ’24, was worth 315,250. Before that another transaction happened on Dec 10 ’24, when Company’s Chief Financial Officer sold 35,000 for $9.35, making the entire transaction worth $327,250. This insider now owns 420,719 shares in total.

AdaptHealth Corp (AHCO) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

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 0.45. Likewise, its price to free cash flow for the trailing twelve months is 6.40.

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)

Compared to the last year’s volume of 1.11 million, its volume of 3.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.26%. Additionally, its Average True Range was 0.54.

During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 54.56%, which indicates a significant decrease from 85.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.66% in the past 14 days, which was lower than the 60.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.12, while its 200-day Moving Average is $10.36. Nevertheless, the first resistance level for the watch stands at $10.65 in the near term. At $11.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.58. If the price goes on to break the first support level at $9.73, it is likely to go to the next support level at $9.18. Should the price break the second support level, the third support level stands at $8.81.

AdaptHealth Corp (NASDAQ: AHCO) Key Stats

There are currently 134,555K shares outstanding in the company with a market cap of 1.47 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.