Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $1.51 in the prior trading day, Quipt Home Medical Corp (NASDAQ: QIPT) closed at $1.41, down -6.62%. In other words, the price has decreased by -$6.62 from its previous closing price. On the day, 1.13 million shares were traded.
Ratios:
Our goal is to gain a better understanding of QIPT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.76.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 ’24 when Gamble Patrick Dennis bought 17,000 shares for $2.45 per share. The transaction valued at 41,634 led to the insider holds 40,057 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.59.
Stock Price History:
Over the past 52 weeks, QIPT has reached a high of $4.07, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -34.57%, while the 200-Day Moving Average is calculated to be -46.93%.
Shares Statistics:
A total of 43.51M shares are outstanding, with a floating share count of 36.06M. Insiders hold about 16.43% of the company’s shares, while institutions hold 60.46% stake in the company.
