SHL Telemedicine Ltd. ADR (SHLT) Shares Plummet Below 1-Year High

The stock price of SHL Telemedicine Ltd. ADR (NASDAQ: SHLT) has dropped by -1.31 compared to previous close of 2.67. Despite this, the company has seen a fall of -6.41% in its stock price over the last five trading days. businesswire.com reported 2024-06-20 that TEL AVIV & ZURICH & NEW YORK–(BUSINESS WIRE)—- $SHLT–SHL Telemedicine Ltd. (NASDAQ: SHLT, SIX: SHLTN;) (“SHL” or the “Company”), a leading provider and developer of advanced personal telemedicine solutions, has clarified today that it is in discussions with Discount Capital Ltd. the investment arm of Israel Discount Bank, regarding a possible investment relating to SHL’s Israeli activity. At this point, the parties have not yet taken any decision nor entered into any binding obligation with regard to.

Is It Worth Investing in SHL Telemedicine Ltd. ADR (NASDAQ: SHLT) Right Now?

Moreover, the 36-month beta value for SHLT is -0.35. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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On December 11, 2024, SHLT’s average trading volume was 4.14K shares.

SHLT’s Market Performance

The stock of SHL Telemedicine Ltd. ADR (SHLT) has seen a -6.41% decrease in the past week, with a -11.29% drop in the past month, and a -31.25% fall in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are at 3.75% for SHLT. The simple moving average for the past 20 days is -5.13% for SHLT’s stock, with a -47.26% simple moving average for the past 200 days.

SHLT Trading at -8.55% from the 50-Day Moving Average

After a stumble in the market that brought SHLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.61% of loss for the given period.

Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -8.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.92% lower at present.

During the last 5 trading sessions, SHLT fell by -2.16%, which changed the moving average for the period of 200-days by -67.49% in comparison to the 20-day moving average, which settled at $2.79. In addition, SHL Telemedicine Ltd. ADR saw -66.90% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SHLT

Current profitability levels for the company are sitting at:

  • -0.14 for the present operating margin
  • 0.46 for the gross margin

The net margin for SHL Telemedicine Ltd. ADR stands at -0.16. The total capital return value is set at -0.09. Equity return is now at value -12.35, with -7.97 for asset returns.

Based on SHL Telemedicine Ltd. ADR (SHLT), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13.

Currently, EBITDA for the company is 3.28 million with net debt to EBITDA at -3.59. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 7.17for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.17.

Conclusion

To wrap up, the performance of SHL Telemedicine Ltd. ADR (SHLT) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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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