A share price of CareCloud Inc [CCLD] is currently trading at $1.31, up 21.30%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CCLD shares have gain 18.02% over the last week, with a monthly amount glided 11.02%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
CareCloud Inc experienced fluctuations in its stock price throughout the past year between $0.68 and $3.58. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. CareCloud Inc [NASDAQ: CCLD] shares were valued at $1.31 at the most recent close of the market. An investor can expect a potential return of 129.01% based on the average CCLD price forecast.
Analyzing the CCLD fundamentals
Trailing Twelve Months sales for CareCloud Inc [NASDAQ:CCLD] were 117.06M which represents -12.66% decline. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.42%, and Net Profit Margin reading is -0.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.61, Equity is -0.61 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1333 points at the first support level, and at 0.9567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4933, and for the 2nd resistance point, it is at 1.6767.
CareCloud Inc [CCLD] reported earnings per share of -$0.35 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.34/share, meaning a difference of -$0.01 and a surprise factor of -2.90%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.42 per share as compared to estimates of -$0.33 per share, a difference of -$0.09 representing a surprise of -27.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CareCloud Inc [NASDAQ:CCLD] is 1.00. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved HAQ MAHMUD UL, Executive Chairman, that happened on Dec 29 ’23 when 32500.0 shares were purchased. Executive Chairman, HAQ MAHMUD UL completed a deal on Dec 22 ’23 to buy 0.22 million shares. Meanwhile, Executive Chairman HAQ MAHMUD UL bought 0.13 million shares on Dec 21 ’23.
