Medical Transcription Billing Stock News

CareCloud, Inc. (MTBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SOMERSET, N.J., Feb. 15, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP) (Nasdaq: MTBCO), a leader in healthcare technology solutions for medical practices and health systems

SOMERSET, N.J., Feb. 02, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, tod

MTBC, MTBCP: The Day After MTBCO Was Priced

SOMERSET, N.J., Jan. 28, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, ann

For nearly 15 months, as soon as the call date arrived, we've been screaming that MTBC must redeem its uber-expensive, 11% coupon, preferred share MTBCP. The company took its time, and although the co

CareCloud (MTBC) has launched a $25M underwritten public offering of its non-convertible Series B Cumulative Redeemable Perpetual Preferred Stock with liquidation preference of $25.00

SOMERSET, N.J., Jan. 27, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, tod

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CareCloud Inc (MTBC) shares closed today at 1.3% above its 52 week low of $5.23, giving the company a market cap of $78M. The stock is currently down 41.6% year-to-date, down 43.3% over the past 12 months, and up 570.9% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.9%. Trading Activity Trading volume this week was 8.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -319.3% The company's stock price performance over the past 12 months lags the peer average by -327.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Equities research analysts expect CareCloud, Inc. (NASDAQ:MTBC) to announce sales of $37.26 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for CareClouds earnings. The highest sales estimate is $38.77 million and the lowest is $35.70 million. CareCloud posted sales of $32.00 million during the same quarter last year, []