Free Trial

Quipt Home Medical (TSE:QIPT) Trading Up 1.2% - Should You Buy?

Quipt Home Medical logo with Medical background
Remove Ads

Quipt Home Medical Corp. (TSE:QIPT - Get Free Report)'s stock price shot up 1.2% during trading on Wednesday . The company traded as high as C$3.39 and last traded at C$3.38. 17,390 shares traded hands during trading, an increase of 6% from the average session volume of 16,462 shares. The stock had previously closed at C$3.34.

Analysts Set New Price Targets

Separately, Stifel Nicolaus dropped their price target on Quipt Home Medical from C$8.40 to C$7.50 and set a "buy" rating for the company in a research note on Thursday, November 28th.

Check Out Our Latest Stock Analysis on QIPT

Quipt Home Medical Price Performance

The stock's 50-day simple moving average is C$3.98 and its two-hundred day simple moving average is C$3.86. The firm has a market capitalization of C$103.02 million, a P/E ratio of -14.04 and a beta of 1.01.

Quipt Home Medical Company Profile

(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.

Recommended Stories

Should You Invest $1,000 in Quipt Home Medical Right Now?

Before you consider Quipt Home Medical, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quipt Home Medical wasn't on the list.

While Quipt Home Medical currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads