Quipt Home Medical Corp (NASDAQ: QIPT) on Friday, plunged -6.62% from the previous trading day, before settling in for the closing price of $1.51. Within the past 52 weeks, QIPT’s price has moved between $1.45 and $4.07.
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A company in the Healthcare sector has jumped its sales by 32.83% annually for the last half of the decade. The company achieved an average annual earnings per share of 39.06%. With a float of $36.06 million, this company’s outstanding shares have now reached $43.51 million.
In an organization with 1200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 77.19%, operating margin of -0.85%, and the pretax margin is -3.93%.
Quipt Home Medical Corp (QIPT) Insider and Institutional Ownership
Observing investor behavior towards Medical Distribution industry stocks is more important than anything else. The insider ownership of Quipt Home Medical Corp is 16.43%, while institutional ownership is 60.46%. The most recent insider transaction that took place on Dec 26 ’24, was worth 41,634. In this transaction Exec VP Operations of this company bought 17,000 shares at a rate of $2.45, taking the stock ownership to the 40,057 shares.
Quipt Home Medical Corp (QIPT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 39.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.00% during the next five years compared to 13.26% growth over the previous five years of trading.
Quipt Home Medical Corp (NASDAQ: QIPT) Trading Performance Indicators
Quipt Home Medical Corp (QIPT) is currently performing well based on its current performance indicators. A quick ratio of 0.85 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 0.25. Likewise, its price to free cash flow for the trailing twelve months is 2.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of Quipt Home Medical Corp (QIPT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.54 million. That was better than the volume of 0.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.15%. Additionally, its Average True Range was 0.13.
During the past 100 days, Quipt Home Medical Corp’s (QIPT) raw stochastic average was set at 3.12%, which indicates a significant decrease from 6.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.57% in the past 14 days, which was higher than the 66.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1551, while its 200-day Moving Average is $2.6566. However, in the short run, Quipt Home Medical Corp’s stock first resistance to watch stands at $1.4767. Second resistance stands at $1.5433. The third major resistance level sits at $1.6067. If the price goes on to break the first support level at $1.3467, it is likely to go to the next support level at $1.2833. The third support level lies at $1.2167 if the price breaches the second support level.
Quipt Home Medical Corp (NASDAQ: QIPT) Key Stats
Market capitalization of the company is 61.25 million based on 43,091K outstanding shares. Right now, sales total 245,920 K and income totals -6,760 K. The company made 61,380 K in profit during its latest quarter, and -1,080 K in sales during its previous quarter.
