Investor’s Delight: CareCloud Inc (CCLD) Closes Weak at 2.15, Down -6.11

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The closing price of CareCloud Inc (NASDAQ: CCLD) was $2.15 for the day, down -6.11% from the previous closing price of $2.29. In other words, the price has decreased by -$6.11 from its previous closing price. On the day, 0.14 million shares were traded. CCLD stock price reached its highest trading level at $2.39 during the session, while it also had its lowest trading level at $1.985.

Ratios:

Our analysis of CCLD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 29 ’23 when HAQ MAHMUD UL bought 32,500 shares for $1.53 per share. The transaction valued at 49,725 led to the insider holds 5,034,520 shares of the business.

HAQ MAHMUD UL bought 217,824 shares of CCLD for $341,984 on Dec 22 ’23. The Executive Chairman now owns 5,002,020 shares after completing the transaction at $1.57 per share. On Dec 21 ’23, another insider, HAQ MAHMUD UL, who serves as the Executive Chairman of the company, bought 132,500 shares for $1.19 each. As a result, the insider paid 157,675 and bolstered with 4,784,196 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCLD now has a Market Capitalization of 32241600 and an Enterprise Value of 41406536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.366 whereas that against EBITDA is 8.891.

Stock Price History:

The Beta on a monthly basis for CCLD is 1.33, which has changed by -0.31506848 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, CCLD has reached a high of $3.80, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is 2.41%, while the 200-Day Moving Average is calculated to be 50.57%.

Shares Statistics:

CCLD traded an average of 1.81M shares per day over the past three months and 142630 shares per day over the past ten days. A total of 15.88M shares are outstanding, with a floating share count of 8.26M. Insiders hold about 48.79% of the company’s shares, while institutions hold 7.91% stake in the company. Shares short for CCLD as of 1718323200 were 167731 with a Short Ratio of 0.09, compared to 1715731200 on 906471. Therefore, it implies a Short% of Shares Outstanding of 167731 and a Short% of Float of 1.6500000000000001.

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