Health

Analyzing Corporate Financial Health: A Deep Dive into Key Ratios and Performance

May 17, 2024 2 min read

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Quipt Home Medical Corp (QIPT) experienced a significant drop in its stock price, closing at $3.40, marking a 14.36% decrease from the previous day. The stock fluctuated between $2.805 and $5.3417 during the trading session. With a market capitalization of approximately $144.74 million and an enterprise value of around $225.63 million, Quipt Home Medical Corp has analysts predicting an EPS range of $0.09 to $0.01 for the upcoming fiscal year. The average daily trading volume over the past 52 weeks was around 142.09K shares, with a recent increase to approximately 253.02K shares over the past 10 days.

In contrast, Shockwave Medical Inc. (SWAV) maintained its closing price with shares reaching a high of $331.08. The company's P/C ratio is 12.07 and PFCF is 74.77. With a market capitalization of over $12.42 billion and an enterprise value close to $12.17 billion, SWAV has attracted attention from analysts, with CL King initiating coverage with a Buy rating and a target price of $368, and UBS beginning to monitor the stock with a Neutral rating.

Zai Lab Limited ADR (ZLAB) saw a decrease in its stock price, ending the day at $19.93, a 4.41% decline. Trading ranged from $18.42 to $21.39. The company maintains strong liquidity with a Quick Ratio of 4.43 and a Current Ratio of 4.63, along with minimal debt reflected in its Debt-to-Equity ratio of 0.08. ZLAB's market capitalization stands at approximately $2.04 billion, with a much higher enterprise value of $19.18 billion.

Volcon Inc (VLCN) also witnessed a decline in its stock price, closing at $0.28, which is a 15.62% decrease. The stock traded between $0.2798 and $0.3357. The company's Quick Ratio is 0.42, and the Current Ratio is 1.17, indicating potential liquidity concerns. VLCN has a market capitalization of roughly $8.42 million and an enterprise value of about $28.95 million.

The Honest Company Inc (HNST) closed at $2.99, down by 2.92%, with trading ranging between $2.98 and $

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