At the time of writing, CareCloud Inc [CCLD] stock is trading at $3.95, up 25.00%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CCLD shares have gain 40.07% over the last week, with a monthly amount glided 71.00%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CareCloud Inc [NASDAQ: CCLD] stock has seen the most recent analyst activity on November 13, 2024, when ROTH MKM downgraded its rating to a Neutral and also revised its price target to $3.50 from $5.
For the past year, the stock price of CareCloud Inc fluctuated between $0.68 and $3.88. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. CareCloud Inc [NASDAQ: CCLD] shares were valued at $3.95 at the most recent close of the market. An investor can expect a potential drop of -24.05% based on the average CCLD price forecast.
Analyzing the CCLD fundamentals
According to CareCloud Inc [NASDAQ:CCLD], the company’s sales were 111.01M for trailing twelve months, which represents an -2.51% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.36%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.55, Equity is -0.91 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 3.43 points at the first support level, and at 2.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.23, and for the 2nd resistance point, it is at 4.52.
Ratios To Look Out For
It is important to note that CareCloud Inc [NASDAQ:CCLD] has a current ratio of 1.03. Further, the Quick Ratio stands at 1.01, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 1.38.
Transactions by insiders
Recent insider trading involved JOHN N DALY & BARBARA K DALY, Director, that happened on Dec 02 ’24 when 10000.0 shares were purchased. Executive Chairman, HAQ MAHMUD UL completed a deal on Dec 29 ’23 to buy 32500.0 shares. Meanwhile, Executive Chairman HAQ MAHMUD UL bought 0.22 million shares on Dec 22 ’23.
