CareCloud Inc’s filing revealed that its Director DALY JOHN N unloaded Company’s shares for reported $19350.0 on Dec 31 ’24. In the deal valued at $3.87 per share,5,000 shares were sold. As a result of this transaction, DALY JOHN N now holds 61,750 shares worth roughly $0.17 million.
Then, JOHN N DALY bought 5,000 shares, generating $19,374 in total proceeds.
Before that, MUNTER CAMERON sold 30,000 shares. CareCloud Inc shares valued at $123,000 were divested by the Director at a price of $4.10 per share. As a result of the transaction, MUNTER CAMERON now holds 159,000 shares, worth roughly $0.44 million.
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 Friday, CareCloud Inc [NASDAQ:CCLD] saw its stock jump 5.28% to $2.79. Over the last five days, the stock has lost -7.62%. CareCloud Inc shares have fallen nearly -23.77% since the year began. Nevertheless, the stocks have risen 95.10% over the past one year. While a 52-week high of $4.84 was reached on 01/02/25, a 52-week low of $1.01 was recorded on 01/16/25. SMA at 50 days reached $3.27, while 200 days put it at $2.47.
Levels Of Support And Resistance For CCLD Stock
The 24-hour chart illustrates a support level at 2.65, which if violated will result in even more drops to 2.51. On the upside, there is a resistance level at 2.88. A further resistance level may holdings at 2.96. The Relative Strength Index (RSI) on the 14-day chart is 39.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.88%. Stochastics %K at 7.09% indicates the stock is a buying.
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.
