Carecloud Stock Today

CCLDO Stock   16.98  0.10  0.59%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 45

 
High
 
Low
Below Average
CareCloud is selling at 16.98 as of the 25th of November 2024; that is 0.59% down since the beginning of the trading day. The stock's open price was 17.08. CareCloud has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for CareCloud are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
3rd of February 2022
Category
Healthcare
Classification
Health Care
CareCloud is entity of United States. It is traded as Stock on NASDAQ exchange. More on CareCloud

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CareCloud Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentHadi Chaudhry
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Health Information Services, Healthcare (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.561.4722
Notably Up
Slightly volatile
Gross Profit Margin0.50.395
Significantly Up
Slightly volatile
Total Current Liabilities13.9 M23.3 M
Way Down
Slightly volatile
Non Current Liabilities Total13.4 M12.8 M
Sufficiently Up
Slightly volatile
Total Assets60.4 M79.5 M
Way Down
Slightly volatile
Total Current Assets19.8 M23.2 M
Fairly Down
Slightly volatile
CareCloud can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CareCloud's financial leverage. It provides some insight into what part of CareCloud's total assets is financed by creditors.
Liquidity
CareCloud has accumulated 14.73 M in total debt. Note, when we think about CareCloud's use of debt, we should always consider it together with its cash and equity.

Depreciation

17.38 Million
CareCloud (CCLDO) is traded on NASDAQ Exchange in USA. It is located in 7 Clyde Road, Somerset, NJ, United States, 08873 and employs 3,600 people. CareCloud is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company classifies itself under Health Care Equipment & Supplies sector and is part of Health Care industry. CareCloud generates positive cash flow from operations, but has no cash available
Check CareCloud Probability Of Bankruptcy
Ownership Allocation
Almost 98.5 percent of CareCloud outstanding shares are held by general public with 1.5 (percent) owned by insiders and only 0.0 % by other corporate entities.
Check CareCloud Ownership Details

CareCloud Historical Income Statement

At this time, CareCloud's Depreciation And Amortization is very stable compared to the past year. As of the 25th of November 2024, Interest Expense is likely to grow to about 1.3 M, while Selling General Administrative is likely to drop about 15.7 M. View More Fundamentals

CareCloud Stock Against Markets

CareCloud Corporate Management

Kimberly EsqVP CounselProfile
Nathalie GarciaChief CounselProfile
Kaitlyn ModeCorporate ManagerProfile
Mike CuestaChief OfficerProfile
Adeel SarwarChief OfficerProfile
Steve LinkChief OfficerProfile
When determining whether CareCloud is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CareCloud Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carecloud Stock. Highlighted below are key reports to facilitate an investment decision about Carecloud Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareCloud. If investors know CareCloud will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareCloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
7.008
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.0006)
Return On Equity
(0.66)
The market value of CareCloud is measured differently than its book value, which is the value of CareCloud that is recorded on the company's balance sheet. Investors also form their own opinion of CareCloud's value that differs from its market value or its book value, called intrinsic value, which is CareCloud's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareCloud's market value can be influenced by many factors that don't directly affect CareCloud's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareCloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareCloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareCloud's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.