CareCloud Inc [NASDAQ: CCLD] loss 0.00% or 0.0 points to close at $1.60 with a heavy trading volume of 30386770 shares.
The daily chart for CCLD points out that the company has recorded -35.74% loss over the past six months.
If we look at the average trading volume of 185.77K shares, CCLD reached to a volume of 30386770 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about CareCloud Inc [CCLD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CCLD shares is $4.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CCLD 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.
ROTH MKM have made an estimate for CareCloud Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 13, 2024.
The Average True Range (ATR) for CareCloud Inc is set at 0.39, with the Price to Sales ratio for CCLD stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 0.56, with the Price to Cash per share for the same quarter was set at 0.17. Price to Free Cash Flow for CCLD in the course of the last twelve months was 1.44 with Quick ratio for the last quarter at 1.01.
Trading performance analysis for CCLD stock
CareCloud Inc [CCLD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.17. With this latest performance, CCLD shares dropped by -64.44% in over the last four-week period, additionally sinking by -35.74% over the last 6 months – not to mention a rise of 23.08% 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 CCLD stock in for the last two-week period is set at 22.88, with the RSI for the last a single of trading hit 15.74, and the three-weeks RSI is set at 29.07 for CareCloud Inc [CCLD]. The present Moving Average for the last 50 days of trading for this stock 3.3149, while it was recorded at 1.6280 for the last single week of trading, and 2.8118 for the last 200 days.
CareCloud Inc [CCLD]: A deeper dive into fundamental analysis
CareCloud Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.03.
An analysis of Institutional ownership at CareCloud Inc [CCLD]
There are presently around $11.20%, or 21.24%% of CCLD stock, in the hands of institutional investors. The top three institutional holders of CCLD stocks are: VANGUARD GROUP INC with ownership of 0.44 million shares, which is approximately 2.7039%. BRIDGEWAY CAPITAL MANAGEMENT, LLC, holding 0.27 million shares of the stock with an approximate value of $$0.51 million in CCLD stocks shares; and BRIDGEWAY CAPITAL MANAGEMENT, LLC, currently with $$0.4 million in CCLD stock with ownership which is approximately 1.3008%.
