In the last trading session, 82980.0 shares of the CareCloud Inc (NASDAQ:CCLD) were traded, and its beta was 1.42. Most recently the company’s share price was $2.79, and it changed around $0.14 or 5.28% from the last close, which brings the market valuation of the company to $45.35M. CCLD currently trades at a discount to its 52-week high of $4.84, offering almost -73.48% off that amount. The share price’s 52-week low was $1.01, which indicates that the current value has risen by an impressive 63.8% since then. We note from CareCloud Inc’s average daily trading volume that its 10-day average is 0.11 million shares, with the 3-month average coming to 164.91K.
CareCloud Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended CCLD as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
CareCloud Inc (NASDAQ:CCLD) trade information
Instantly CCLD has showed a green trend with a performance of 5.28% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.04 on recent trading dayincreased the stock’s daily price by 8.22%. The company’s shares are currently down -23.77% year-to-date, but still down -7.62% over the last five days. On the other hand, CareCloud Inc (NASDAQ:CCLD) is -18.06% down in the 30-day period. We can see from the shorts that 50588.0 shares have been sold at a short interest cover period of 1.18 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 7.0% from its current value. Analyst projections state that CCLD is forecast to be at a low of $3 and a high of $3.
CareCloud Inc (CCLD) estimates and forecasts
CareCloud Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 43.08 percent over the past six months and at a 115.33% annual growth rate that is well above the industry average of 25.20%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -47.21%.
CCLD Dividends
CareCloud Inc’s next quarterly earnings report is expected to be released in February.
