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After finishing at $2.78 in the prior trading day, CareMax Inc (NASDAQ: CMAX) closed at $2.27, down -18.35%. In other words, the price has decreased by -$18.35 from its previous closing price. On the day, 0.13 million shares were traded. CMAX stock price reached its highest trading level at $2.78 during the session, while it also had its lowest trading level at $2.1.
Ratios:
Our goal is to gain a better understanding of CMAX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.23.
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, Jefferies on February 26, 2024, Downgraded its rating to Hold and sets its target price to $7.50 from $1.50 previously.
On November 17, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5 to $1.
Piper Sandler Downgraded its Overweight to Neutral on November 10, 2023, whereas the target price for the stock was revised from $3 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMAX now has a Market Capitalization of 8659982 and an Enterprise Value of 505436992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 0.644 whereas that against EBITDA is -4.666.
Stock Price History:
Over the past 52 weeks, CMAX has reached a high of $85.20, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -33.78%, while the 200-Day Moving Average is calculated to be -70.44%.
Shares Statistics:
The stock has traded on average 2.94M shares per day over the past 3-months and 153410 shares per day over the last 10 days, according to various share statistics. A total of 3.74M shares are outstanding, with a floating share count of 2.36M. Insiders hold about 38.19% of the company’s shares, while institutions hold 38.46% stake in the company. Shares short for CMAX as of 1723680000 were 193725 with a Short Ratio of 0.07, compared to 1721001600 on 215757. Therefore, it implies a Short% of Shares Outstanding of 193725 and a Short% of Float of 7.969999999999999.
