Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. R1 RCM Inc.’s current trading price is -31.73% away from its 52-week high, while its distance from the 52-week low is 43.97%. The stock’s price range over this period has fluctuated between $8.87 and $18.70. The company, operating within the financial sector, had a trading volume of approximately 3.41 million for the day, which was noticeably higher than the average daily share volume of 3.31 million over the last 3 months.
In terms of market performance, R1 RCM Inc. had a fairly uneven. The highest value for the stock in the past year was $18.70 on 07/18/23, and the lowest value was recorded at $8.87 on 01/12/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
R1 RCM Inc. (RCM) has experienced a quarterly rise of 23.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.37B and boasts a workforce of 30000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.71, with a change in price of +2.17. Similarly, R1 RCM Inc. recorded 3,508,727 in trading volume during the last 100 days, posting a change of +20.18%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RCM stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.60.
RCM Stock Stochastic Average
Today’s raw stochastic average for R1 RCM Inc. over the last 50 days is 41.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 77.56%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 74.31% and 69.09%, respectively.
RCM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 20.81%. However, over the past six months, we’ve seen a weaker performance of 19.46%. The price of RCM leaped by -0.78% over the last 30 days. And in the last five days, it has surged by 3.32%.
