Quipt Home Medical Corp’s recent filing unveils 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 $74105.45.
Canaccord Genuity downgraded its Quipt Home Medical Corp [QIPT] rating to a Hold from a a Buy 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 May from “a Mkt perform” to “an Underperform”. Raymond James also remained covering QIPT and has decreased its forecast on February 16, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating.
Price Performance Review of QIPT
On Tuesday, Quipt Home Medical Corp [NASDAQ:QIPT] saw its stock fall -7.04% to $1.85. Over the last five days, the stock has lost -10.63%. Quipt Home Medical Corp shares have fallen nearly -39.34% since the year began. Nevertheless, the stocks have fallen -44.11% over the past one year. While a 52-week high of $4.07 was reached on 01/31/25, a 52-week low of $1.35 was recorded on 05/16/25.
Levels Of Support And Resistance For QIPT Stock
The 24-hour chart illustrates a support level at 1.8000, which if violated will result in even more drops to 1.7500. On the upside, there is a resistance level at 1.9500. A further resistance level may holdings at 2.0500.
The most recent change occurred on October 20, 2021 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $7.50 price target.
