Tabula Rasa HealthCare Inc. (NASDAQ:TRHC) shares traded lower over the last trading session, losing -3.64% on 02/11/21. The shares fell to a low of $53.52 before closing at $53.70. Intraday shares traded counted 0.2 million, which was 47.93% higher than its 30-day average trading volume of 381.35K. TRHC’s previous close was $55.73 while the outstanding shares total 21.78M. The firm has a beta of 0.96. The stock’s Relative Strength Index (RSI) is 52.46, with weekly volatility at 9.49% and ATR at 4.60. The TRHC stock’s 52-week price range has touched low of $30.12 and a $69.72 high.
Investors have identified the Health Information Services company Tabula Rasa HealthCare Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.30 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Tabula Rasa HealthCare Inc. (TRHC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TRHC, the company has in raw cash 32.29 million on their books with 6000.0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 76.19 million total, with 33.98 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.59 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TRHC sounds very interesting.
Is the stock of TRHC attractive?
In related news, President, Knowlton Orsula V sold 2,903 shares of the company’s stock in a transaction that recorded on Feb 09. The sale was performed at an average price of 53.26, for a total value of 154,614. As the sale deal closes, the President, Knowlton Orsula V now sold 5,097 shares of the company’s stock, valued at 280,364. Also, Chief Executive Officer, Knowlton Calvin H sold 8,000 shares of the company’s stock in a deal that was recorded on Feb 08. The shares were price at an average price of 54.37 per share, with a total market value of 434,978. Following this completion of acquisition, the Chief Financial Officer, Adams Brian W now holds 12,000 shares of the company’s stock, valued at 720,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 8.30%.
6 out of 9 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Tabula Rasa HealthCare Inc.. 0 analysts has assigned a Sell rating on the TRHC stock. The 12-month mean consensus price target for the company’s shares has been set at $48.75.