Currently, there are 43.51M common shares owned by the public and among those 36.06M shares have been available to trade.
The company’s stock has a 5-day price change of 28.14% and -19.55% over the past three months. QIPT shares are trading -29.84% year to date (YTD), with the 12-month market performance down to -37.06% lower. It has a 12-month low price of $1.35 and touched a high of $4.07 over the same period. QIPT has an average intraday trading volume of 158.08K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.93%, 0.81%, and -18.81% respectively.
Institutional ownership of Quipt Home Medical Corp (NASDAQ: QIPT) shares accounts for 60.45% of the company’s 43.51M shares outstanding.
It has a market capitalization of $92.96M and a beta (3y monthly) value of 0.32. The earnings-per-share (ttm) stands at -$0.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.03% over the week and 6.65% over the month.
Earnings per share for the fiscal year are expected to increase by 38.61%, and -104.48% over the next financial year. EPS should shrink at an annualized rate of -4.06% over the next five years, compared to 13.26% over the past 5-year period.
Looking at the support for the QIPT, a number of firms have released research notes about the stock. Canaccord Genuity stated their Hold rating for the stock in a research note on May 14, 2025, with the firm’s price target at $1.70. Raymond James was of a view on February 16, 2024 that the stock is Mkt Perform, while Canaccord Genuity gave the stock Buy rating on June 14, 2023, issuing a price target of $11. The Benchmark Company on their part issued Buy rating on October 20, 2021.
