R1 RCM Inc. (RCM) Shares Up Despite Recent Market Volatility

The stock price of R1 RCM Inc. (NASDAQ: RCM) has surged by 0.32 when compared to previous closing price of 14.12, but the company has seen a 0.89% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-07 that NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of R1 RCM Inc. (NASDAQ: RCM) to investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice for $14.30 per share is fair to R1 shareholders. Halper Sadeh encourages R1 shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Is It Worth Investing in R1 RCM Inc. (NASDAQ: RCM) Right Now?

The stock has a 36-month beta value of 0.85. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for RCM is 156.88M, and at present, short sellers hold a 9.51% of that float. On September 16, 2024, the average trading volume of RCM was 4.83M shares.

RCM’s Market Performance

RCM stock saw an increase of 0.89% in the past week, with a monthly gain of 1.40% and a quarterly increase of 12.96%. The volatility ratio for the week is 0.29%, and the volatility levels for the last 30 days are 0.30% for R1 RCM Inc. (RCM). The simple moving average for the last 20 days is 0.68% for RCM stock, with a simple moving average of 15.61% for the last 200 days.

RCM Trading at 4.29% from the 50-Day Moving Average

After a stumble in the market that brought RCM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.92% of loss for the given period.

Volatility was left at 0.30%, however, over the last 30 days, the volatility rate increased by 0.29%, as shares surge +1.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.41% upper at present.

During the last 5 trading sessions, RCM rose by +0.93%, which changed the moving average for the period of 200-days by +33.30% in comparison to the 20-day moving average, which settled at $14.08. In addition, R1 RCM Inc. saw 34.01% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RCM starting from SPARBY JOHN M., who sale 10,046 shares at the price of $14.33 back on Mar 07 ’24. After this action, SPARBY JOHN M. now owns 0 shares of R1 RCM Inc., valued at $143,959 using the latest closing price.

Stock Fundamentals for RCM

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.2 for the gross margin

The net margin for R1 RCM Inc. stands at -0.02. The total capital return value is set at 0.03. Equity return is now at value -1.44, with -0.74 for asset returns.

Based on R1 RCM Inc. (RCM), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 1.09.

Currently, EBITDA for the company is 519.0 million with net debt to EBITDA at 4.32. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.

Conclusion

To sum up, R1 RCM Inc. (RCM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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