There Is A Quest For Clarity Surrounding R1 RCM Inc. (NASDAQ: RCM) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that R1 RCM Completes Acquisition of Acclara, Providence’s Modular Services Business.

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Stocks Info

This NASDAQ-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $10.56 and fluctuated between $10.68 as its day high and $10.00 as its day low. The current market capitalization of R1 RCM Inc. is $4.43B. A total of 4.02 million shares were traded on the day, compared to an average of 4.03M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, RCM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 26 BUYs and 7 SELLs from insiders. Insiders purchased 1,574,040 shares during that period but sold 526,078.

In the most recent transaction, HENNEMAN JOHN B III sold 50,000 shares of RCM for 17.17 per share on Aug 08. After the transaction, the Director now owns 72,114 company shares. In a previous transaction on Jun 12, Evans Richard B. Jr. sold 17,000 shares at 16.84 per share. RCM shares that Principal Accounting Officer owns now total 124,007.

Among the insiders who sold shares, Evans Richard B. Jr. disposed of 12,000 shares on Jun 09 at a per-share price of $16.69. This resulted in the Principal Accounting Officer holding 141,007 shares of RCM after the transaction. In another insider transaction, SPARBY JOHN M. sold 20,000 shares at $16.36 per share on May 10. Company shares held by the President now total 243,827.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RCM has a high of $18.70 and a low of $8.87.

As of this writing, RCM has an earnings estimate of $Salesforce, Inc. per share for the current quarter. EPS was calculated based on a consensus of Rumble Inc. estimates, with a high estimate of $Ready Capital Corproation per share and a lower estimate of $Royal Caribbean Cruises Ltd.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RCM’s latest balance sheet shows that the firm has $130.10M in Cash & Short Term Investments as of fiscal 2021. There were $847.60M in debt and $253.00M in liabilities at the time. Its Book Value Per Share was $6.55, while its Total Shareholder’s Equity was $336.70M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RCM is Buy with a score of 4.76.

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