CareMax Inc [NASDAQ: CMAX] surged by $0.49 during the normal trading session on while it closed the day at $2.02.
CareMax Inc stock has also gained 45.32% of its value over the past 7 days. However, CMAX stock has declined by -66.16% in the 3 months of the year. Over the past six months meanwhile, it has lost -48.99% and lost -86.48% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for CMAX stock reached $7.71 million, with 3.74 million shares outstanding and 2.36 million shares in the current float. Compared to the average trading volume of 149.42K shares, CMAX reached a trading volume of 7079264 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about CareMax Inc [CMAX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMAX shares is $2.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMAX stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for CareMax Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 26, 2024. While these analysts kept the previous recommendation, UBS dropped their target price from $5 to $1. The new note on the price target was released on November 17, 2023, representing the official price target for CareMax Inc stock. Previously, the target price had yet another drop from $3 to $2, while Piper Sandler kept a Neutral rating on CMAX stock. On March 17, 2023, analysts decreased their price target for CMAX shares from 7 to 4.
The Average True Range (ATR) for CareMax Inc is set at 0.33, with the Price to Sales ratio for CMAX stock in the period of the last 12 months amounting to 0.01.
CMAX stock trade performance evaluation
CareMax Inc [CMAX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 45.32. With this latest performance, CMAX shares gained by 24.69% in over the last four-week period, additionally sinking by -48.99% over the last 6 months – not to mention a drop of -96.63% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMAX stock in for the last two-week period is set at 54.25, with the RSI for the last a single of trading hit 60.06, and the three-weeks RSI is set at 50.38 for CareMax Inc [CMAX]. The present Moving Average for the last 50 days of trading for this stock 2.0600, while it was recorded at 1.6800 for the last single week of trading, and 4.1400 for the last 200 days.
CareMax Inc [CMAX]: An insightful look at the core fundamentals
CareMax Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.23 and a Current Ratio set at 0.23.
Earnings per share (EPS) analysis for CareMax Inc [CMAX] stock
With the latest financial reports released by the company, CareMax Inc posted -27.6/share EPS, while the average EPS was predicted by analysts to be reported at -3.45/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -24.15. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMAX.
CareMax Inc [CMAX]: Institutional Ownership
There are presently around $51.70%, or 68.17%% of CMAX stock, in the hands of institutional investors.
