CareCloud Inc (NASDAQ: CCLD) on Friday, plunged -4.80% from the previous trading day, before settling in for the closing price of $1.25. Within the past 52 weeks, CCLD’s price has moved between $1.01 and $4.84.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 14.88%. 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.
Let’s determine the extent of company efficiency that accounts for 3650 employees. In terms of profitability, gross margin is 41.56%, operating margin of 8.53%, and the pretax margin is 7.23%.
CareCloud Inc (CCLD) Insider Activity
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) Earnings and Forecasts
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 0.45. Likewise, its price to free cash flow for the trailing twelve months is 2.66.
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)
Looking closely at CareCloud Inc (NASDAQ: CCLD), its last 5-days average volume was 0.68 million, which is a drop from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 37.74%. Additionally, its Average True Range was 0.20.
During the past 100 days, CareCloud Inc’s (CCLD) raw stochastic average was set at 1.30%, which indicates a significant decrease from 9.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.93% in the past 14 days, which was lower than the 126.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.5219, while its 200-day Moving Average is $2.6873. However, in the short run, CareCloud Inc’s stock first resistance to watch stands at $1.2767. Second resistance stands at $1.3633. The third major resistance level sits at $1.4267. If the price goes on to break the first support level at $1.1267, it is likely to go to the next support level at $1.0633. Should the price break the second support level, the third support level stands at $0.9767.
CareCloud Inc (NASDAQ: CCLD) Key Stats
Market capitalization of the company is 50.36 million based on 42,321K 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.
