Quipt Home Medical Corp’s filing revealed that its Exec VP Operations Gamble Patrick Dennis acquired Company’s shares for reported $41634.0 on Dec 26 ’24. In the deal valued at $2.45 per share,17,000 shares were bought. As a result of this transaction, Gamble Patrick Dennis now holds 40,057 shares worth roughly $66895.19.
Raymond James downgraded its Quipt Home Medical Corp [QIPT] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Mkt perform”. The Benchmark Company started covering the stock on October 20, 2021. It rated QIPT as “a Buy”.
Price Performance Review of QIPT
On Tuesday, Quipt Home Medical Corp [NASDAQ:QIPT] saw its stock fall -21.60% to $1.67. Over the last five days, the stock has lost -21.23%. Quipt Home Medical Corp shares have fallen nearly -45.25% since the year began. Nevertheless, the stocks have fallen -58.56% over the past one year. While a 52-week high of $4.17 was reached on 01/31/25, a 52-week low of $1.86 was recorded on 05/13/25. SMA at 50 days reached $2.21, while 200 days put it at $2.69.
Levels Of Support And Resistance For QIPT Stock
The 24-hour chart illustrates a support level at 1.48, which if violated will result in even more drops to 1.28. On the upside, there is a resistance level at 1.98. A further resistance level may holdings at 2.29. The Relative Strength Index (RSI) on the 14-day chart is 25.39, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.55%. Stochastics %K at 40.82% indicates the stock is a holding.
