AdaptHealth Corp (NASDAQ: AHCO) is 29.36% higher on its value in year-to-date trading and has touched a low of $6.37 and a high of $15.37 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 AHCO stock was last observed hovering at around $9.61 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $9.43, the stock is -11.41% and -1.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -1.87% at the moment leaves the stock -1.05% off its SMA200. AHCO registered -19.81% loss for a year compared to 6-month gain of 30.97%.
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The stock witnessed a -5.32% loss in the last 1 month and extending the period to 3 months gives it a 42.02%, and is -4.65% 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 4.82% over the week and 4.47% over the month.
AdaptHealth Corp (AHCO) has around 10700 employees, a market worth around $1.25B and $3.20B in sales. Fwd P/E is 8.97. Profit margin for the company is -21.29%. Distance from 52-week low is 48.04% and -38.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.61%).
The EPS is expected to shrink by -33.77% this year
The shares outstanding are 132.63M, and float is at 70.47M with Short Float at 11.65%.
AdaptHealth Corp (AHCO) Insider Activity
The most recent transaction is an insider sale by Flynn James E, the company’s 10% Owner. SEC filings show that Flynn James E sold 114,906 shares of the company’s common stock on Mar 12 ’24 at a price of $10.70 per share for a total of $1.23 million. Following the sale, the insider now owns 11.53 million shares.
AdaptHealth Corp disclosed in a document filed with the SEC on Mar 11 ’24 that Flynn James E (10% Owner) sold a total of 182,607 shares of the company’s common stock. The trade occurred on Mar 11 ’24 and was made at $11.02 per share for $2.01 million. Following the transaction, the insider now directly holds 11.64 million shares of the AHCO stock.
Still, SEC filings show that on Mar 08 ’24, Flynn James E (10% Owner) disposed off 52,487 shares at an average price of $10.93 for $0.57 million. The insider now directly holds 11,826,376 shares of AdaptHealth Corp (AHCO).
