R1 RCM Inc. (NASDAQ:RCM) went up by 0.93% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Health Information Services giant went up by $11.42 to trade ended Monday trading at $11.31. This is up from the $11.315 price recorded on Friday’s trading session. Thanks to this latest performance, RCM is closer to the higher price 52-week target of $16.00 and further from the lowest price target of $10.00. Its performance from the start of the year has also been negative, with RCM down by -12.02% year-to-date.
R1 RCM Inc. (RCM) started the day trading at $11.28 and recorded an intraday high of $11.465. It also recorded an intraday low of $11.161 during Monday’s trading session. R1 RCM Inc. is a very active stock that recorded a trading volume that is less than -89.03% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 597790, which is less than -89.03 of the total average daily trading volume of 1.13 million.
R1 RCM Inc. (NASDAQ:RCM) 2020 Performance Impressive
The increase in RCM’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of RCM currently stands at $13.99, which is higher than the current trading price of the stock by 18.37%. However, RCM’s current trading price is -60.39% lower than the 52-week low price of $7.12. In terms of trading volume, R1 RCM Inc. currently experienced healthy participation during the last trading session. 597790 shares of R1 RCM Inc. were traded on the stock exchange on Monday, which is less than -89.03% of the 1.13 million average trading volume of the stock.
The performance of the stock has been positive over the past year. RCM’s performance over the past one year has seen it plunge by -5.62%, while the stock has gone down by -3.87% in the last six months. The quarterly performance of RCM currently stands at 30.66%, and it is up by 10.87% in the last month. The only negative figure was from the weekly performance, which currently reads -0.61%. At the time of writing RCM’s report, the company has a total market cap of $1.33B, making it one of the largest publicly-traded companies in the world.R1 RCM Inc. also has over 19000 employees all over the world.
RCM Insider Activities
For R1 RCM Inc., insiders hold 77.90% of all company shares. The insider transactions over the past six months are up by 0.20%. During that period, insiders bought 42,889 shares in 5 transactions. In that same period, insiders sold 400 of their shares in 1 transactions. After these transactions, insiders at R1 RCM Inc. now hold 19.46M shares, which is over 79.83% of the total company stocks. Institutional investors currently hold a large chunk of the RCM shares, as they control 16.94% of the company’s total stock.
RCM Fundamental Analysis
For R1 RCM Inc., the stock’s diluted earnings per share (EPS) stands at -0.02. In the coming year, analysts expect the EPS to be 0.58. The EPS growth will up over the next five years to 30.00% after surging by 37.70% in the previous five years. In terms of revenue, R1 RCM Inc.’s quarterly sales (YOY) is growing at 0.05, which is lower than the average annual revenue of 37.70% over the past half a decade.
The Return on Investment (ROI) on R1 RCM Inc.’s stock currently stands at 10.80%, and it has a net profit margin of 0.10%. The operating margin of the company is 5.20%, and its gross margin is 18.40%.
RCM Analysts Prediction
Another analyst that has a Buy rating for RCM is Dougherty & Company, which set a price target of between $15 and $15.50.
Citigroup and Chardan Capital Markets also believe that R1 RCM Inc.’s stock is outperforming at the moment.
At the moment, R1 RCM Inc.’s Total Debt to Equity ratio stands at 12.05, and they have a long-term Debt to Equity ratio of 11.53.
RCM Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of RCM currently stands at 0.11%, while the SMA50 is 10.08%. The biggest one is the SMA200, which is currently reading 2.29% ahead of Monday’s trading session. The Relative Strength Index of this stock is 53.30.