Currently, there are 42.32M common shares owned by the public and among those 21.59M shares have been available to trade.
The company’s stock has a 5-day price change of 17.58% and -45.27% over the past three months. CCLD shares are trading -41.53% year to date (YTD), with the 12-month market performance up to 92.79% higher. It has a 12-month low price of $1.04 and touched a high of $4.84 over the same period. CCLD has an average intraday trading volume of 975.33K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 37.03%, 20.37%, and -19.33% respectively.
Institutional ownership of CareCloud Inc (NASDAQ: CCLD) shares accounts for 4.84% of the company’s 42.32M shares outstanding.
It has a market capitalization of $90.56M and a beta (3y monthly) value of 2.06. The earnings-per-share (ttm) stands at -$0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.77% over the week and 10.66% over the month.
Analysts forecast that CareCloud Inc (CCLD) will achieve an EPS of 0.07 for the current quarter, 0.07 for the next quarter and 0.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.06 while analysts give the company a high EPS estimate of 0.06. Comparatively, EPS for the current quarter was 0.18 a year ago. Earnings per share for the fiscal year are expected to increase by 130.95%, and 69.23% over the next financial year.
Looking at the support for the CCLD, a number of firms have released research notes about the stock. ROTH MKM stated their Neutral rating for the stock in a research note on November 13, 2024, with the firm’s price target at $5-$3.50.
