Currently, CareMax Inc [CMAX] is trading at $6.39, up 13.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CMAX shares have gain 304.43% over the last week, with a monthly amount glided 87.39%, 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:
CareMax Inc [NASDAQ: CMAX] stock has seen the most recent analyst activity on February 26, 2024, when Jefferies downgraded its rating to a Hold and also boosted its price target to $7.50 from $1.50. Previously, UBS downgraded its rating to Neutral on November 17, 2023, and dropped its price target to $1. On November 10, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. TD Cowen downgraded its rating to a Market Perform and decreased its price target to $4 on March 17, 2023. Truist initiated its recommendation with a Hold and recommended $7.50 as its price target on September 07, 2022. UBS started tracking with a Buy rating for this stock on January 07, 2022, and assigned it a price target of $14. In a note dated October 20, 2021, Jefferies initiated an Buy rating and provided a target price of $15 on this stock.
This stock has fluctuated between a low of $1.55 and a high of $85.80 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $2.6 within the next 12 months. CareMax Inc [NASDAQ: CMAX] shares were valued at $6.39 at the most recent close of the market. An investor can expect a potential drop of -59.31% based on the average CMAX price forecast.
Analyzing the CMAX fundamentals
Trailing Twelve Months sales for CareMax Inc [NASDAQ:CMAX] were 810.36M which represents 34.26% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.8%, and Net Profit Margin reading is -0.8%. To continue investigating profitability, this company’s Return on Assets is posted at -1.05, Equity is -2.09 and Total Capital is -2.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of20.83.
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 5.28 points at the first support level, and at 4.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.99, and for the 2nd resistance point, it is at 9.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CareMax Inc [NASDAQ:CMAX] is 0.31. Also, the Quick Ratio is 0.31, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.03, the price to book ratio is 1.19.
