In a filing, CareCloud Inc revealed its Director MUNTER CAMERON unloaded Company’s shares for reported $0.12 million on Dec 11 ’24. In the deal valued at $4.10 per share,30,000 shares were sold. As a result of this transaction, MUNTER CAMERON now holds 159,000 shares worth roughly $0.63 million.
Then, DALY JOHN N sold 10,000 shares, generating $36,500 in total proceeds. Upon selling the shares at $3.65, the Director now owns 66,750 shares.
Before that, JOHN N DALY & BARBARA K DALY bought 10,000 shares. CareCloud Inc shares valued at $36,500 were divested by the Director at a price of $3.65 per share.
ROTH MKM downgraded its CareCloud Inc [CCLD] rating to a Neutral from a a Buy in a research note published on November 13, 2024; the price target was decreased to $3.50 from $5.
Price Performance Review of CCLD
On Tuesday, CareCloud Inc [NASDAQ:CCLD] saw its stock jump 6.76% to $3.95. Over the last five days, the stock has gained 12.54%. CareCloud Inc shares have risen nearly 159.87% since the year began. Nevertheless, the stocks have risen 151.59% over the past one year. While a 52-week high of $4.84 was reached on 12/10/24, a 52-week low of $1.01 was recorded on 04/30/24. SMA at 50 days reached $3.01, while 200 days put it at $2.31.
Levels Of Support And Resistance For CCLD Stock
The 24-hour chart illustrates a support level at 3.80, which if violated will result in even more drops to 3.66. On the upside, there is a resistance level at 4.14. A further resistance level may holdings at 4.33. The Relative Strength Index (RSI) on the 14-day chart is 58.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.72%. Stochastics %K at 35.38% indicates the stock is a holding.
How much short interest is there in CareCloud Inc?
A steep rise in short interest was recorded in CareCloud Inc stocks on 2024-10-31, dropping by 6936.0 shares to a total of 50588.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 57524.0 shares. There was a decline of -13.71%, which implies that there is a negative sentiment for the stock.
