In last trading session, CareCloud Inc (NASDAQ:CCLD) saw 0.66 million shares changing hands with its beta currently measuring 2.09. Company’s recent per share price level of $1.26 trading at -$0.06 or -4.55% at ring of the bell on the day assigns it a market valuation of $53.32M. That closing price of CCLD’s stock is at a discount of -284.13% from its 52-week high price of $4.84 and is indicating a premium of 19.84% from its 52-week low price of $1.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.58 million shares which gives us an average trading volume of 848.66K if we extend that period to 3-months.
For CareCloud Inc (CCLD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.07 in the current quarter.
CareCloud Inc (NASDAQ:CCLD) trade information
Upright in the red during last session for losing -4.55%, in the last five days CCLD remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $1.26 price level, adding 15.44% to its value on the day. CareCloud Inc’s shares saw a change of -65.57% in year-to-date performance and have moved -14.29% in past 5-day. CareCloud Inc (NASDAQ:CCLD) showed a performance of -40.28% in past 30-days. Number of shares sold short was 1.39 million shares which calculate 0.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 16.0% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 1.5. It follows that stock’s current price would drop -19.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.05% for stock’s current value.
CareCloud Inc (CCLD) estimates and forecasts
This year revenue growth is estimated to rise 1.38% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 25.94M for the same. And 5 analysts are in estimates of company making revenue of 28.59M in the next quarter. Company posted 25.96M and 28.09M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.38% during past 5 years.
CareCloud Inc (NASDAQ:CCLD)’s Major holders
Insiders are in possession of 18.15% of company’s total shares while institution are holding 4.30 percent of that, with stock having share float percentage of 5.25%. Investors also watch the number of corporate investors in a company very closely, which is 4.30% institutions for CareCloud Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CCLD for having 0.44 million shares of worth $0.84 million. And as of 2024-06-30, it was holding 2.7039 of the company’s outstanding shares.
The second largest institutional holder is BRIDGEWAY CAPITAL MANAGEMENT, LLC, which was holding about 0.27 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6587 of outstanding shares, having a total worth of $0.51 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 266.29 shares of worth $0.34 million or 0.63% of the total outstanding shares. The later fund manager was in possession of 158.81 shares on Dec 31, 2024 , making its stake of worth around $0.2 million in the company or a holder of 0.38% of company’s stock.