How to Buy Carecloud Stock
Carecloud Inc
CareCloud, Inc. , a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States.
Carecloud stock last closed at $2.79, down 0.36% from the previous day, and has increased 95.1% in one year. It has overperformed other stocks in the Health Information Services industry by 1.05 percentage points. Carecloud stock is currently +176.24% from its 52-week low of $1.01, and -42.36% from its 52-week high of $4.84.
There are currently 16.24M shares of CCLD outstanding. The market cap of CCLD is $45.31M. In the past 24 hours, 56,988 CCLD shares were traded.
How to Buy Carecloud Stock
Not sure how to invest in Carecloud stock? Here's how.
- Choose where to buy Carecloud stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Carecloud stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Research Carecloud stock: The Carecloud ticker symbol is CCLD. Is Carecloud stock a good investment? Should you buy shares of CCLD? How do CCLD's underlying business fundamentals look? Do top analysts think Carecloud is a good buy? Why has CCLD's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if CCLD is a good stock to buy).
- Place your CCLD buy order: Decide if you will purchase CCLD shares at the current market price or use a limit order to purchase CCLD shares at a particular price.
- Watch your CCLD investment: Create a watchlist to keep tabs on your investment in Carecloud shares.
Step 1: Choose where to buy Carecloud stock
You will need a brokerage account to access the NASDAQ market and buy CCLD shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can invest in CCLD stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the stocks app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Research Carecloud stock
After you have selected the best place to buy Carecloud stock, it's important to evaluate their stock before you buy, so you truly understand the risk and upside.
Carecloud stock quick numbers
Carecloud Fundamentals
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CCLD's stock page.
Is CCLD stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CCLD's fair value.
Using relative valuations metrics:
- CCLD may be undervalued based on its P/B ratio of 0.97x, relative to Health Information Services industry P/B ratio of 3.73x
You can access more valuation analysis on CCLD's stock here.
CCLD Financial Health Overview
Pros:
- There are more short-term assets than short-term liabilities on the CCLD balance sheet.
- CCLD's operating cash flow of $19.15M allows it to safely service it's debt of $3.86M.
- There are more short-term assets than long-term liabilities on the CCLD balance sheet.
Cons:
- CCLD has a relatively high debt to equity ratio of 0.52.
- Total CCLD debt is higher than 5 years ago, relative to shareholder equity.
- CCLD earnings of -$38.39M is not enough to cover its interest payments.
- CCLD profit margin has gone down from -16.6% to -45.7% in the past year.
Is it a good time to buy Carecloud stock, according to analysts?
Out of 1 Wall Street analysts who give ratings on CCLD, the consensus analyst rating on CCLD is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Carecloud stock forecast page.
Metrics for Advanced CCLD Traders
How is CCLD performing as a company?
Last year, CCLD revenue was $111.01M. Over the last five year, CCLD's revenue has increased by 11.23% per year. This was slower than the Health Information Services industry average of 22.41%.
You can research CCLD's earnings and revenue performance here.
Latest Insiders Trades at CCLD
In the past year, executives and large shareholders at CCLD have sold more shares than they have bought.
John N. Daly, Director of CCLD, was the latest CCLD insider to sell. They sold $19,350.00 worth of CCLD stock on Dec 31, 2024.
Research more about who owns CCLD shares here.
Does CCLD stock generate passive income?
No, Carecloud doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your CCLD buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will place your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Watch your CCLD investment
Now that you own some shares in CCLD, you'll want to keep up with your new company.
Put CCLD on a watchlist to monitor your CCLD stock.
CCLD Feed
How to Buy Stock in Carecloud
To reiterate, here are the 6 steps to buy Carecloud stock:
- Choose where to buy Carecloud stock
- Open your brokerage account
- Deposit funds into your investment account
- Research Carecloud stock
- Place your CCLD buy order
- Watch your CCLD investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Carecloud, create a watchlist today.
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