CareCloud Inc [CCLD] stock prices are up 5.03% to $1.67 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CCLD shares have gain 4.37% over the last week, with a monthly amount drifted -59.76%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of CareCloud Inc [CCLD] has been fluctuating between $1.01 and $4.84 over the past year. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. CareCloud Inc [NASDAQ: CCLD] shares were valued at $1.67 at the most recent close of the market. An investor can expect a potential drop of -10.18% based on the average CCLD price forecast.
Analyzing the CCLD fundamentals
The CareCloud Inc [NASDAQ:CCLD] reported sales of 110.84M for trailing twelve months, representing a drop of -0.62%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.17 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 1.5467 points at the first support level, and at 1.4233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7467, and for the 2nd resistance point, it is at 1.8233.
Ratios To Look Out For
It’s worth pointing out that CareCloud Inc [NASDAQ:CCLD]’s Current Ratio is 1.27. On the other hand, the Quick Ratio is 1.24, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 0.55.
Transactions by insiders
Recent insider trading involved DALY JOHN N, Director, that happened on Dec 31 ’24 when 5000.0 shares were sold. Director, JOHN N DALY completed a deal on Dec 31 ’24 to buy 5000.0 shares. Meanwhile, Director MUNTER CAMERON sold 30000.0 shares on Dec 11 ’24.
