CareCloud Inc (NASDAQ: CCLD) on Monday, plunged -5.44% from the previous trading day, before settling in for the closing price of $1.47. Within the past 52 weeks, CCLD’s price has moved between $1.01 and $4.84.
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A company in the Healthcare sector has jumped its sales by 14.88% annually for the last half of the decade. The company achieved an average annual earnings per share of 140.48%. With a float of $21.59 million, this company’s outstanding shares have now reached $42.32 million.
In an organization with 3650 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 55.1%, operating margin of 8.53%, and the pretax margin is 7.23%.
CareCloud Inc (CCLD) Insider and Institutional Ownership
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of CareCloud Inc is 48.99%, while institutional ownership is 3.78%. The most recent insider transaction that took place on Dec 31 ’24, was worth 19,350. In this transaction Director of this company sold 5,000 shares at a rate of $3.87, taking the stock ownership to the 61,750 shares. Before that another transaction happened on Dec 31 ’24, when Company’s Director proposed sale 5,000 for $3.87, making the entire transaction worth $19,374.
CareCloud Inc (CCLD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 140.48% per share during the next fiscal year.
CareCloud Inc (NASDAQ: CCLD) Trading Performance Indicators
CareCloud Inc (CCLD) is currently performing well based on its current performance indicators. A quick ratio of 1.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 3.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.20, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of CareCloud Inc (CCLD)
Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was inferior than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.56%. Additionally, its Average True Range was 0.24.
During the past 100 days, CareCloud Inc’s (CCLD) raw stochastic average was set at 0.86%, which indicates a significant decrease from 3.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.60% in the past 14 days, which was lower than the 130.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.8989, while its 200-day Moving Average is $2.7255. However, in the short run, CareCloud Inc’s stock first resistance to watch stands at $1.4667. Second resistance stands at $1.5433. The third major resistance level sits at $1.5967. If the price goes on to break the first support level at $1.3367, it is likely to go to the next support level at $1.2833. The third support level lies at $1.2067 if the price breaches the second support level.
CareCloud Inc (NASDAQ: CCLD) Key Stats
Market capitalization of the company is 58.82 million based on 42,317K outstanding shares. Right now, sales total 110,840 K and income totals 7,850 K. The company made 28,240 K in profit during its latest quarter, and 3,300 K in sales during its previous quarter.
