R1 RCM Inc.’s recently made public that its President SPARBY JOHN M. unloaded Company’s shares for reported $0.14 million on Mar 07 ’24. In the deal valued at $14.33 per share,10,046 shares were sold. As a result of this transaction, SPARBY JOHN M. now holds 0 shares worth roughly $0.0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Morgan Stanley downgraded its R1 RCM Inc. [RCM] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “an Equal-weight”. Leerink Partners also remained covering RCM and has decreased its forecast on August 01, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Jefferies revised its rating on August 01, 2024. It rated RCM as “a Hold” which previously was an “a Buy”.
Price Performance Review of RCM
On Tuesday, R1 RCM Inc. [NASDAQ:RCM] saw its stock jump 0.21% to $14.23. Over the last five days, the stock has gained 0.14%. R1 RCM Inc. shares have risen nearly 34.63% since the year began. Nevertheless, the stocks have risen 7.80% over the past one year. While a 52-week high of $15.12 was reached on 02/27/24, a 52-week low of $8.87 was recorded on 01/12/24. SMA at 50 days reached $14.10, while 200 days put it at $12.64.
Levels Of Support And Resistance For RCM Stock
The 24-hour chart illustrates a support level at 14.21, which if violated will result in even more drops to 14.19. On the upside, there is a resistance level at 14.24. A further resistance level may holdings at 14.25. The Relative Strength Index (RSI) on the 14-day chart is 65.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.00%. Stochastics %K at 74.24% indicates the stock is a holding.
How much short interest is there in R1 RCM Inc.?
A steep rise in short interest was recorded in R1 RCM Inc. stocks on 2024-09-30, dropping by -2.79 million shares to a total of 12.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 14.91 million shares. There was a decline of -22.97%, which implies that there is a negative sentiment for the stock.
