Carerx Corp Stock Today
| CRRX Stock | CAD 1.90 0.13 7.34% |
Performance0 of 100
| Odds Of DistressOver 62
|
CareRx Corp is selling at 1.90 as of the 25th of November 2024; that is 7.34% increase since the beginning of the trading day. The stock's open price was 1.77. CareRx Corp has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for CareRx Corp 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 | Category Healthcare | Classification Health Care |
CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada. CARERX CORPORATION operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. The company has 59.95 M outstanding shares of which 8.6 K shares are currently shorted by private and institutional investors with about 1.11 days to cover all short positions. More on CareRx Corp
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CareRx Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CareRx Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CareRx Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | ||||
CareRx Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CareRx Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsCareRx Corp 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 CareRx Corp's financial leverage. It provides some insight into what part of CareRx Corp's total assets is financed by creditors.
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CareRx Corp (CRRX) is traded on Toronto Exchange in Canada and employs 1,432 people. CareRx Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 106.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CareRx Corp's market, we take the total number of its shares issued and multiply it by CareRx Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CareRx Corp operates under Health Care Providers & Services sector and is part of Health Care industry. The entity has 59.95 M outstanding shares of which 8.6 K shares are currently shorted by private and institutional investors with about 1.11 days to cover all short positions.
CareRx Corp has accumulated about 28.37 M in cash with 16.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check CareRx Corp Probability Of Bankruptcy
Ownership AllocationCareRx Corp holds a total of 59.95 Million outstanding shares. Over half of CareRx Corp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in CareRx Corp. Please watch out for any change in the institutional holdings of CareRx Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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CareRx Corp Risk Profiles
Although CareRx Corp's alpha and beta are two of the key measurements used to evaluate CareRx Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.51 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.4 | |||
| Risk Adjusted Performance | (0.06) |
CareRx Stock Against Markets
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CareRx Corp Corporate Management
Elected by the shareholders, the CareRx Corp's board of directors comprises two types of representatives: CareRx Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CareRx. The board's role is to monitor CareRx Corp's management team and ensure that shareholders' interests are well served. CareRx Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CareRx Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Puneet Khanna | Chief Officer | Profile | |
| Ryan Stempfle | VP Division | Profile | |
| Davide Pernarella | Interim Officer | Profile | |
| Adrianne Campeau | Chief Officer | Profile | |
| Travis Featherstone | Senior Integration | Profile | |
| Alpinder Grewal | Senior Transformation | Profile | |
| David Murphy | CEO Pres | Profile |
Other Information on Investing in CareRx Stock
CareRx Corp financial ratios help investors to determine whether CareRx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareRx with respect to the benefits of owning CareRx Corp security.