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Quipt Home Medical (TSE:QIPT) Stock Price Down 7.2% - What's Next?

Quipt Home Medical logo with Medical background

Quipt Home Medical Corp. (TSE:QIPT - Get Free Report) traded down 7.2% on Monday . The company traded as low as C$4.41 and last traded at C$4.41. 15,430 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 18,068 shares. The stock had previously closed at C$4.75.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus lowered their price objective on Quipt Home Medical from C$8.40 to C$7.50 and set a "buy" rating on the stock in a research report on Thursday, November 28th.

Read Our Latest Analysis on QIPT

Quipt Home Medical Stock Up 0.2 %

The company has a fifty day moving average of C$4.10 and a 200 day moving average of C$4.02. The company has a market cap of C$182.70 million, a P/E ratio of -24.94 and a beta of 1.01.

About Quipt Home Medical

(Get Free Report)

Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily & Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea & PAP Treatment.

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