AdaptHealth Corp (NASDAQ:AHCO) shares, rose in value on Friday, March 28, without any change to the previous day’s close as strong demand from buyers drove the stock to $10.64.
Actively observing the price movement in the last trading, the stock closed the session at $10.64, falling within a range of $10.42 and $10.73. The value of beta (5-year monthly) was 1.304 whereas the PE ratio was 17.59 over 12-month period. Referring to stock’s 52-week performance, its high was $11.90, and the low was $8.35. On the whole, AHCO has fluctuated by -4.06% over the past month.
With the market capitalization of AdaptHealth Corp currently standing at about $1.43 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.27B, with a low estimate of 762.9M and a high estimate of 768.49M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 764.77M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AHCO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.38, with the price of AHCO currently trading nearly 4.10% and 5.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.34, while the 7-day volatility ratio is showing 3.52% which for the 30-day chart, stands at 4.43%. Furthermore, AdaptHealth Corp (AHCO)’s beta value is 1.47, and its average true range (ATR) is 0.45.
A comparison of AdaptHealth Corp (AHCO) with its peers suggests the former has fared considerably weaker in the market. AHCO showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -5.67%%.
Data on historical trading for AdaptHealth Corp (NASDAQ:AHCO) indicates that the trading volumes over the past 10 days have averaged 2.12 and over the past 3 months, they’ve averaged 1.50 million. According to company’s latest data on outstanding shares, there are 134.60 million shares outstanding.
Nearly 35.79% of AdaptHealth Corp’s shares belong to company insiders and institutional investors own 73.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.59 million shares as on 2025-03-14, resulting in a short ratio of 4.65. According to the data, the short interest in AdaptHealth Corp (AHCO) stood at 930.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 8.99 million. The stock has risen by 11.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AHCO stock heading into the next quarter.
