CCLD has 36-month beta value of 1.44. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CCLD is 8.31M, and currently, short sellers hold a 0.80% ratio of that float. The average trading volume of CCLD on December 03, 2024 was 93.09K shares.
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CCLD) stock’s latest price update
CareCloud Inc (NASDAQ: CCLD) has experienced a rise in its stock price by 25.00 compared to its previous closing price of 3.16. However, the company has seen a gain of 40.07% in its stock price over the last five trading days. zacks.com reported 2024-11-21 that Here is how CareCloud, Inc. (CCLD) and Alvotech (ALVO) have performed compared to their sector so far this year.
CCLD’s Market Performance
CCLD’s stock has risen by 40.07% in the past week, with a monthly rise of 71.00% and a quarterly rise of 64.58%. The volatility ratio for the week is 12.14% while the volatility levels for the last 30 days are 12.78% for CareCloud Inc The simple moving average for the past 20 days is 41.25% for CCLD’s stock, with a 86.32% simple moving average for the past 200 days.
Analysts’ Opinion of CCLD
Many brokerage firms have already submitted their reports for CCLD stocks, with ROTH MKM repeating the rating for CCLD by listing it as a “Neutral.” The predicted price for CCLD in the upcoming period, according to ROTH MKM is $3.50 based on the research report published on November 13, 2024 of the current year 2024.
CCLD Trading at 51.31% from the 50-Day Moving Average
After a stumble in the market that brought CCLD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.80% of gains for the given period.
Volatility was left at 12.78%, however, over the last 30 days, the volatility rate increased by 12.14%, as shares surge +71.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.08% upper at present.
During the last 5 trading sessions, CCLD rose by +40.07%, which changed the moving average for the period of 200-days by +188.32% in comparison to the 20-day moving average, which settled at $2.80. In addition, CareCloud Inc saw 159.87% 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 CCLD starting from JOHN N DALY & BARBARA K DALY, who proposed sale 10,000 shares at the price of $3.65 back on Dec 02 ’24. After this action, JOHN N DALY & BARBARA K DALY now owns shares of CareCloud Inc, valued at $36,500 using the latest closing price.
HAQ MAHMUD UL, the Executive Chairman of CareCloud Inc, purchase 32,500 shares at $1.53 during a trade that took place back on Dec 29 ’23, which means that HAQ MAHMUD UL is holding 5,034,520 shares at $49,725 based on the most recent closing price.
Stock Fundamentals for CCLD
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.36 for the gross margin
The net margin for CareCloud Inc stands at -0.35. The total capital return value is set at 0.1. Equity return is now at value -58.13, with -39.81 for asset returns.
Based on CareCloud Inc (CCLD), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 35.8. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 4.22.
Currently, EBITDA for the company is -31.29 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.59. The receivables turnover for the company is 6.68for trailing twelve months and the total asset turnover is 1.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
To put it simply, CareCloud Inc (CCLD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.