The price of R1 RCM Inc. (NASDAQ:RCM) shares last traded on Wall Street fell -0.57% to $14.05.
RCM stock price is now 11.21% away from the 50-day moving average and 19.02% away from the 200-day moving average. The market capitalization of the company currently stands at $5.92B.
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, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, SPARBY JOHN M., President sold 10,046 shares of the company’s stock on Mar 07 ’24. The stock was sold for $143,959 at an average price of $14.33. Upon completion of the transaction, the President now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 08 ’23, Director HENNEMAN JOHN B III sold 50,000 shares of the business’s stock. A total of $858,650 was realized by selling the stock at an average price of $17.17. This leaves the insider owning 72,114 shares of the company worth $1.01 million. A total of 62.97% of the company’s stock is owned by insiders.
During the past 12 months, R1 RCM Inc. has had a low of $8.87 and a high of $18.53. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 1.79, and a quick ratio of 1.79. The fifty day moving average price for RCM is $12.6694 and a two-hundred day moving average price translates $11.81465 for the stock.
The latest earnings results from R1 RCM Inc. (NASDAQ: RCM) was released for 2024-03-31. The net profit margin was -1.44% and return on equity was -1.21% for RCM. The company reported revenue of $603.9 million for the quarter, compared to $545.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.69 percent.
