On Tuesday, Quipt Home Medical Corp (NASDAQ: QIPT) opened higher 9.41% from the last session, before settling in for the closing price of $2.02. Price fluctuations for QIPT have ranged from $1.35 to $4.07 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 13.26%. Company’s average yearly earnings per share was noted -63.10% at the time writing. With a float of $36.06 million, this company’s outstanding shares have now reached $43.51 million.
Let’s determine the extent of company efficiency that accounts for 1200 employees. 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 Activity
A key investor’s attitude towards the stock of the Medical Distribution industry is another important factor to consider. The insider ownership of Quipt Home Medical Corp is 17.00%, while institutional ownership is 56.18%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -63.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -16.83% 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
Check out the current performance indicators for Quipt Home Medical Corp (QIPT). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 4.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Quipt Home Medical Corp (QIPT)
Looking closely at Quipt Home Medical Corp (NASDAQ: QIPT), its last 5-days average volume was 0.34 million, which is a drop from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 81.15%.
During the past 100 days, Quipt Home Medical Corp’s (QIPT) raw stochastic average was set at 60.99%, which indicates a significant decrease from 89.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.09 in the past 14 days, which was lower than the 0.12 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.89, while its 200-day Moving Average is $2.43. However, in the short run, Quipt Home Medical Corp’s stock first resistance to watch stands at $2.32. Second resistance stands at $2.42. The third major resistance level sits at $2.58. If the price goes on to break the first support level at $2.06, it is likely to go to the next support level at $1.90. Should the price break the second support level, the third support level stands at $1.80.
Quipt Home Medical Corp (NASDAQ: QIPT) Key Stats
There are currently 43,444K shares outstanding in the company with a market cap of 96.00 million. Presently, the company’s annual sales total 245,920 K according to its annual income of -6,760 K. Last quarter, the company’s sales amounted to 57,380 K and its income totaled -3,040 K.
