CareMax, Inc. (NASDAQ:CMAX – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 178,200 shares, a decrease of 8.0% from the August 15th total of 193,700 shares. Currently, 7.6% of the shares of the company are sold short. Based on an average daily volume of 2,910,000 shares, the short-interest ratio is presently 0.1 days.
CareMax Stock Performance
NASDAQ:CMAX traded down $0.01 on Wednesday, reaching $2.18. 32,849 shares of the company’s stock were exchanged, compared to its average volume of 1,091,389. The firm has a market cap of $8.29 million, a price-to-earnings ratio of -0.01 and a beta of 0.75. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.23 and a quick ratio of 0.23. The stock has a fifty day simple moving average of $3.33 and a 200-day simple moving average of $3.69. CareMax has a 52 week low of $1.55 and a 52 week high of $85.20.
CareMax (NASDAQ:CMAX – Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported ($10.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($7.51) by ($2.97). CareMax had a negative return on equity of 175.40% and a negative net margin of 99.78%. The company had revenue of $198.63 million for the quarter, compared to analysts’ expectations of $233.53 million. As a group, sell-side analysts predict that CareMax will post -23.93 earnings per share for the current year.
Hedge Funds Weigh In On CareMax
CareMax Company Profile
CareMax, Inc provides care and chronic disease management services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation; and services to children and adults through Medicaid programs, as well as through commercial insurance plans.
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