R1 RCM Inc. (NASDAQ:RCM) currently has a daily average trading volume of 3.43M but it saw 2064855 shares traded in last market. With a market cap of 5.19B USD, the company’s current market price of $12.36 came rising about 0.57 while comparing to the previous closing price of $12.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.70 and as low as $8.87.
Taking a look at 20-day trading activity of R1 RCM Inc. (RCM) gives us an average price of $12.28, while its current price level is -33.92% below from 52-week high level whereas it is 39.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.88 while that of 200 days or SMA-200 reads an average of $12.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.28% during that period while stretching the period over a month that decreases to 2.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.20 which implies that the stock is in neutral territory.
Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 20, 2024 while assigning a price target of $16. Leerink Partners issued its recommendations for the stock as it initiated the price target for the stock is $14.
Over the week, RCM’s stock price is moving 4.39% up while it is -1.98% when we observe its performance for the past one month. Year-to-date it is 16.93% up and over the past year, the stock is showing a downside performance of -20.46%.
Currently, R1 RCM Inc.’s total number of outstanding shares is 420.20M. Company’s return on investment (ROI) stands at 0.08% and return on equity (ROE) at 0.12%. It has a price to earnings ratio (P/E ratio) of 1740.85 while having a 29.02 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 2.30. Its return on asset (ROA) is 0.07% on average.
