On Monday, Radnet Inc (NASDAQ: RDNT) opened lower -4.47% from the last session, before settling in for the closing price of $50.31. Price fluctuations for RDNT have ranged from $42.45 to $93.65 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 10.11% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1351.88% at the time writing. With a float of $65.98 million, this company’s outstanding shares have now reached $74.04 million.
In an organization with 8546 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.37%, operating margin of 5.72%, and the pretax margin is 2.45%.
Radnet Inc (RDNT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Radnet Inc is 10.89%, while institutional ownership is 87.41%. The most recent insider transaction that took place on Mar 05 ’25, was worth 258,140. Before that another transaction happened on Mar 05 ’25, when Company’s Pres & CEO, Digital Health sold 2,000 for $52.58, making the entire transaction worth $105,160. This insider now owns 58,995 shares in total.
Radnet Inc (RDNT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1351.88% per share during the next fiscal year.
Radnet Inc (NASDAQ: RDNT) Trading Performance Indicators
Check out the current performance indicators for Radnet Inc (RDNT). In the past quarter, the stock posted a quick ratio of 2.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94. Likewise, its price to free cash flow for the trailing twelve months is 79.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.03, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Radnet Inc (RDNT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.07 million. That was better than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.62%. Additionally, its Average True Range was 3.49.
During the past 100 days, Radnet Inc’s (RDNT) raw stochastic average was set at 3.23%, which indicates a significant decrease from 8.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.03% in the past 14 days, which was higher than the 47.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.35, while its 200-day Moving Average is $65.81. However, in the short run, Radnet Inc’s stock first resistance to watch stands at $49.62. Second resistance stands at $51.17. The third major resistance level sits at $52.46. If the price goes on to break the first support level at $46.78, it is likely to go to the next support level at $45.49. The third support level lies at $43.94 if the price breaches the second support level.
Radnet Inc (NASDAQ: RDNT) Key Stats
There are currently 74,042K shares outstanding in the company with a market cap of 3.56 billion. Presently, the company’s annual sales total 1,830 M according to its annual income of 2,790 K. Last quarter, the company’s sales amounted to 477,100 K and its income totaled 5,350 K.
