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.
CareCloud Inc (NASDAQ: CCLD) closed the day trading at $1.68 up 1.20% from the previous closing price of $1.66. In other words, the price has increased by $1.20 from its previous closing price. On the day, 0.94 million shares were traded.
Ratios:
For a better understanding of CCLD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on November 13, 2024, Downgraded its rating to Neutral and sets its target price to $3.50 from $5 previously.
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 31 ’24 when DALY JOHN N sold 5,000 shares for $3.87 per share. The transaction valued at 19,350 led to the insider holds 61,750 shares of the business.
JOHN N DALY bought 5,000 shares of CCLD for $19,374 on Dec 31 ’24. On Dec 11 ’24, another insider, MUNTER CAMERON, who serves as the Director of the company, sold 30,000 shares for $4.10 each. As a result, the insider received 123,000 and left with 159,000 shares of the company.
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, CCLD has reached a high of $4.84, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -51.27%, while the 200-Day Moving Average is calculated to be -40.63%.
Shares Statistics:
A total of 16.22M shares are outstanding, with a floating share count of 8.29M. Insiders hold about 48.99% of the company’s shares, while institutions hold 9.85% stake in the company.
