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R1 RCM Inc. (RCM) Stock Could Soon Reward Patient Investors

R1 RCM Inc. (NASDAQ: RCM) is 16.65% higher on its value in year-to-date trading and has touched a low of $8.87 and a high of $18.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RCM stock was last observed hovering at around $12.47 in the last trading session, with the day’s loss setting it -0.14%.

Currently trading at $12.33, the stock is -4.23% and -1.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing -1.12% at the moment leaves the stock -7.46% off its SMA200. RCM registered -18.67% loss for a year compared to 6-month gain of -2.76%.

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The stock witnessed a -9.80% loss in the last 1 month and extending the period to 3 months gives it a 33.30%, and is -3.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 2.87% over the month.

R1 RCM Inc. (RCM) has around 30000 employees, a market worth around $5.18B and $2.25B in sales. Current P/E ratio is 1736.62 and Fwd P/E is 28.83. Profit margin for the company is 0.15%. Distance from 52-week low is 39.01% and -34.08% from its 52-week high. The company has generated returns on investments over the last 12 months (0.08%).

The EPS is expected to shrink by -67.29% this year.

R1 RCM Inc. (RCM) Top Institutional Holders

The shares outstanding are 420.20M, and float is at 150.47M with Short Float at 7.95%.

R1 RCM Inc. (RCM) Insider Activity

The most recent transaction is an insider sale by SPARBY JOHN M.,the company’sPresident. SEC filings show that SPARBY JOHN M. sold 10,046 shares of the company’s common stock on Mar 07 ’24 at a price of $14.33 per share for a total of $0.14 million. Following the sale, the insider now owns 0.0 shares.

R1 RCM Inc. disclosed in a document filed with the SEC on Aug 08 ’23 that HENNEMAN JOHN B III (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 08 ’23 and was made at $17.17 per share for $0.86 million. Following the transaction, the insider now directly holds 72114.0 shares of the RCM stock.

Still, SEC filings show that on Jun 12 ’23, Evans Richard B. Jr. (Principal Accounting Officer) disposed off 17,000 shares at an average price of $16.84 for $0.29 million. The insider now directly holds 124,007 shares of R1 RCM Inc. (RCM).

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