Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
As of close of business last night, CareCloud Inc’s stock clocked out at $1.90, up 3.53% from its previous closing price of $1.84. In other words, the price has increased by $3.53 from its previous closing price. On the day, 0.5 million shares were traded.
Ratios:
To gain a deeper understanding of CCLD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.49.
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 $1.14. The 50-Day Moving Average of the stock is 12.41%, while the 200-Day Moving Average is calculated to be -28.10%.
Shares Statistics:
A total of 42.32M shares are outstanding, with a floating share count of 25.24M. Insiders hold about 40.36% of the company’s shares, while institutions hold 5.20% stake in the company.
