A share price of CareCloud Inc [CCLD] is currently trading at $3.17, up 21.46%. 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 32.64% over the last week, with a monthly amount glided 29.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CareCloud Inc experienced fluctuations in its stock price throughout the past year between $0.68 and $3.80. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. CareCloud Inc [NASDAQ: CCLD] shares were valued at $3.17 at the most recent close of the market. An investor can expect a potential drop of -5.36% based on the average CCLD price forecast.
Analyzing the CCLD fundamentals
Trailing Twelve Months sales for CareCloud Inc [NASDAQ:CCLD] were 111.75M which represents -4.33% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.41%, and Net Profit Margin reading is -0.4%. To continue investigating profitability, this company’s Return on Assets is posted at -0.61, Equity is -0.84 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
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 2.83 points at the first support level, and at 2.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.70, and for the 2nd resistance point, it is at 4.22.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CareCloud Inc [NASDAQ:CCLD] is 1.03. As well, the Quick Ratio is 1.01, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 1.18.
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.
