AdaptHealth Corp (NASDAQ: AHCO) on Monday, plunged -5.08% from the previous trading day, before settling in for the closing price of $8.66. Within the past 52 weeks, AHCO’s price has moved between $8.35 and $11.90.
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A company in the Healthcare sector has jumped its sales by 52.49% annually for the last half of the decade. The company achieved an average annual earnings per share of -1.43%. With a float of $86.60 million, this company’s outstanding shares have now reached $134.60 million.
In an organization with 10500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 20.19%, operating margin of 8.49%, and the pretax margin is 4.17%.
AdaptHealth Corp (AHCO) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of AdaptHealth Corp is 35.79%, while institutional ownership is 74.37%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -1.43% per share during the next fiscal year.
AdaptHealth Corp (NASDAQ: AHCO) Trading Performance Indicators
AdaptHealth Corp (AHCO) is currently performing well based on its current performance indicators. A quick ratio of 1.09 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 0.34. Likewise, its price to free cash flow for the trailing twelve months is 4.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.60, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of AdaptHealth Corp (AHCO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.79 million. That was better than the volume of 1.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.90%. Additionally, its Average True Range was 0.59.
During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 3.13%, which indicates a significant decrease from 3.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.26% in the past 14 days, which was higher than the 57.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.87, while its 200-day Moving Average is $10.24. However, in the short run, AdaptHealth Corp’s stock first resistance to watch stands at $8.69. Second resistance stands at $9.16. The third major resistance level sits at $9.45. If the price goes on to break the first support level at $7.93, it is likely to go to the next support level at $7.64. The third support level lies at $7.17 if the price breaches the second support level.
AdaptHealth Corp (NASDAQ: AHCO) Key Stats
Market capitalization of the company is 1.11 billion based on 134,867K outstanding shares. Right now, sales total 3,261 M and income totals 90,420 K. The company made 856,650 K in profit during its latest quarter, and 50,260 K in sales during its previous quarter.
