R1 RCM Inc (NASDAQ: RCM) is 35.29% higher on its value in year-to-date trading and has touched a low of $8.87 and a high of $15.12 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 $14.30 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $14.30, the stock is 0.25% and 0.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.36 million and changing 0.00% at the moment leaves the stock 9.06% off its SMA200. RCM registered 35.16% gain for a year compared to 6-month gain of 16.17%. The firm has a 50-day simple moving average (SMA 50) of $14.2017 and a 200-day simple moving average (SMA200) of $13.091975.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.70% loss in the last 1 month and extending the period to 3 months gives it a 2.22%, and is 0.14% up 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 0.08% over the week and 0.13% over the month.
R1 RCM Inc (RCM) has around 30000 employees, a market worth around $6.04B and $2.46B in sales. Fwd P/E is 34.32. Profit margin for the company is -2.48%. Distance from 52-week low is 61.22% and -5.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.22%).
The EPS is expected to shrink by -83.03% this year
357.0 institutions hold shares in R1 RCM Inc (RCM), with institutional investors hold 98.91% of the company’s shares. The shares outstanding are 420.20M, and float is at 156.99M with Short Float at 6.89%. Institutions hold 97.88% of the Float.
The top institutional shareholder in the company is NEW MOUNTAIN CAPITAL, L.L.C. with over 94.98 million shares valued at $1.19 billion. The investor’s holdings represent 22.5917 of the RCM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.49 million shares valued at $207.07 million to account for 3.9214 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.93 million shares representing 3.5512 and valued at over $187.53 million, while COLISEUM CAPITAL MANAGEMENT, LLC holds 2.4461 of the shares totaling 10.28 million with a market value of $129.17 million.
R1 RCM Inc (RCM) Insider Activity
The most recent transaction is an insider sale by SPARBY JOHN M., the company’s President. 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.
