Additionally, the 36-month beta value for TBRG is 0.67. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for TBRG is 14.34M and currently, short sellers hold a 1.99% ratio of that float. The average trading volume of TBRG on January 10, 2025 was 59.93K shares.
TBRG) stock’s latest price update
TruBridge Inc (NASDAQ: TBRG) has experienced a rise in its stock price by 3.86 compared to its previous closing price of 20.70. However, the company has seen a gain of 9.03% in its stock price over the last five trading days. businesswire.com reported 2025-01-02 that MOBILE, Ala.–(BUSINESS WIRE)–TruBridge, Inc. (NASDAQ: TBRG), a healthcare solutions company, today announced that Merideth Wilson has joined the Company as the new Financial Health General Manager. Financial Health is one of TruBridge’s two primary business units and includes Revenue Cycle Management (“RCM”) technology and services for the acute and ambulatory settings and accounts for approximately 65 percent of the Company’s revenue with over 2,000 employees. Wilson joins TruBridge with 25.
TBRG’s Market Performance
TruBridge Inc (TBRG) has seen a 9.03% rise in stock performance for the week, with a 17.36% gain in the past month and a 71.31% surge in the past quarter. The volatility ratio for the week is 4.56%, and the volatility levels for the past 30 days are at 3.69% for TBRG. The simple moving average for the past 20 days is 12.58% for TBRG’s stock, with a 75.76% simple moving average for the past 200 days.
Analysts’ Opinion of TBRG
Many brokerage firms have already submitted their reports for TBRG stocks, with RBC Capital Mkts repeating the rating for TBRG by listing it as a “Outperform.” The predicted price for TBRG in the upcoming period, according to RBC Capital Mkts is $13 based on the research report published on March 28, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see TBRG reach a price target of $12. The rating they have provided for TBRG stocks is “Equal Weight” according to the report published on January 03rd, 2024.
Cantor Fitzgerald gave a rating of “Overweight” to TBRG, setting the target price at $24 in the report published on August 15th of the previous year.
TBRG Trading at 26.38% from the 50-Day Moving Average
After a stumble in the market that brought TBRG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.27% of gains for the given period.
Volatility was left at 3.69%, however, over the last 30 days, the volatility rate increased by 4.56%, as shares surge +15.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.06% upper at present.
During the last 5 trading sessions, TBRG rose by +9.03%, which changed the moving average for the period of 200-days by +131.18% in comparison to the 20-day moving average, which settled at $19.10. In addition, TruBridge Inc saw 9.03% 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 TBRG starting from Anquillare Mark V, who purchase 2,500 shares at the price of $16.81 back on Nov 25 ’24. After this action, Anquillare Mark V now owns 17,178 shares of TruBridge Inc, valued at $42,025 using the latest closing price.
Pinetree Capital Ltd., the 10% Owner of TruBridge Inc, purchase 15,458 shares at $11.93 during a trade that took place back on Oct 03 ’24, which means that Pinetree Capital Ltd. is holding 1,625,000 shares at $184,405 based on the most recent closing price.
Stock Fundamentals for TBRG
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.45 for the gross margin
The net margin for TruBridge Inc stands at -0.18. The total capital return value is set at -0.1. Equity return is now at value -29.06, with -14.01 for asset returns.
Based on TruBridge Inc (TBRG), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.02. The interest coverage ratio of the stock is -2.18.
Currently, EBITDA for the company is -15.39 million with net debt to EBITDA at -16.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 5.46for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In conclusion, TruBridge Inc (TBRG) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
