CareCloud Inc (NASDAQ:CCLD) Currently -130.48% Below Its 52-Week High But The Downside Potential May Surprise You

In last trading session, CareCloud Inc (NASDAQ:CCLD) saw 0.51 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $2.10 trading at $0.07 or 3.45% at ring of the bell on the day assigns it a market valuation of $88.87M. That closing price of CCLD’s stock is at a discount of -130.48% from its 52-week high price of $4.84 and is indicating a premium of 45.71% from its 52-week low price of $1.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.92 million shares which gives us an average trading volume of 1.08 million 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 0.06 in the current quarter.

CareCloud Inc (NASDAQ:CCLD) trade information

Upright in the green during last session for gaining 3.45%, in the last five days CCLD remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $2.10 price level, adding 3.67% to its value on the day. CareCloud Inc’s shares saw a change of -42.62% in year-to-date performance and have moved 10.24% in past 5-day. CareCloud Inc (NASDAQ:CCLD) showed a performance of 52.17% in past 30-days. Number of shares sold short was 0.56 million shares which calculate 1.08 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a fall of -40.0% 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 jump 28.57% in reaching the projected high whereas dropping to the targeted low would mean a gain of 28.57% for stock’s current value.

CareCloud Inc (CCLD) estimates and forecasts

This year revenue growth is estimated to rise 0.72% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 27.19M for the same. And 3 analysts are in estimates of company making revenue of 28.27M in the next quarter. Company posted 28.09M and 28.55M 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 18.22% of company’s total shares while institution are holding 11.33 percent of that, with stock having share float percentage of 13.86%. Investors also watch the number of corporate investors in a company very closely, which is 11.33% 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 $0.56 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 $0.33 million in the company or a holder of 0.38% of company’s stock.