A major move is in the offing as Healthcare Services Group, Inc (HCSG) market cap hits 857.51 million

On Friday, Healthcare Services Group, Inc (NASDAQ: HCSG) was -1.85% drop from the session before settling in for the closing price of $11.92. A 52-week range for HCSG has been $8.98 – $13.00.

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Healthcare Sector giant saw their annual sales slid by -2.32% over the last five years. When this article was written, the company’s average yearly earnings per share was at -7.85%. With a float of $72.53 million, this company’s outstanding shares have now reached $73.29 million.

The firm has a total of 33400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.7%, operating margin of 4.74%, and the pretax margin is 4.07%.

Healthcare Services Group, Inc (HCSG) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Healthcare Services Group, Inc stocks. The insider ownership of Healthcare Services Group, Inc is 1.04%, while institutional ownership is 101.16%. The most recent insider transaction that took place on Feb 28 ’24, was worth 14,152. In this transaction Principal Accounting Officer of this company sold 1,125 shares at a rate of $12.58, taking the stock ownership to the 7,741 shares.

Healthcare Services Group, Inc (HCSG) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -7.85% per share during the next fiscal year.

Healthcare Services Group, Inc (NASDAQ: HCSG) Trading Performance Indicators

You can see what Healthcare Services Group, Inc (HCSG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 22.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.68, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.84 in one year’s time.

Technical Analysis of Healthcare Services Group, Inc (HCSG)

Analysing the last 5-days average volume posted by the [Healthcare Services Group, Inc, HCSG], we can find that recorded value of 0.31 million was lower than the volume posted last year of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 74.61%. Additionally, its Average True Range was 0.39.

During the past 100 days, Healthcare Services Group, Inc’s (HCSG) raw stochastic average was set at 60.79%, which indicates a significant increase from 57.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.51% in the past 14 days, which was lower than the 32.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.90, while its 200-day Moving Average is $11.17. Now, the first resistance to watch is $11.97. This is followed by the second major resistance level at $12.24. The third major resistance level sits at $12.41. If the price goes on to break the first support level at $11.53, it is likely to go to the next support level at $11.36. Should the price break the second support level, the third support level stands at $11.09.

Healthcare Services Group, Inc (NASDAQ: HCSG) Key Stats

There are 73,291K outstanding shares of the company, which has a market capitalization of 857.51 million. As of now, sales total 1,671 M while income totals 38,390 K. Its latest quarter income was 428,150 K while its last quarter net income were 14,030 K.