CareCloud Inc (NASDAQ:CCLD) price on Thursday, July 03, rose 0.41% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.46.
A look at the stock’s price movement, the close in the last trading session was $2.45, moving within a range at $2.41 and $2.48. The beta value (5-Year monthly) was 2.043. Turning to its 52-week performance, $4.84 and $1.14 were the 52-week high and 52-week low respectively. Overall, CCLD moved 13.36% over the past month.
CareCloud Inc’s market cap currently stands at around $104.11 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-06.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CCLD is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend CCLD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CCLD’s current price about 5.74% and 17.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.49, while 7-day volatility ratio is 5.92% and 6.75% in the 30-day chart. Further, CareCloud Inc (CCLD) has a beta value of 1.99. Analysts have given the company’s stock an average 52-week price target of $1.5, forecast between a low of $1.5 and high of $1.5. Looking at the price targets, the low is 39.02% off current price level while to achieve the yearly target high, price needs to move 39.02%. Nonetheless, investors will most likely welcome a 39.02% jump to $1.5 which is the analysts’ median price.
If we refocus on CareCloud Inc (NASDAQ:CCLD), historical trading data shows that trading volumes averaged 0.56 over the past 10 days and 538.05K over the past 3 months. The company’s latest data on shares outstanding shows there are 42.32 million shares.
The 40.00% of CareCloud Inc’s shares are in the hands of company insiders while institutional holders own 11.22% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.35 million on 2025-06-13, giving us a short ratio of 1.09. The data shows that as of 2025-06-13 short interest in CareCloud Inc (CCLD) stood at 97.0 of shares outstanding, with shares short falling to 0.42 million registered in 2025-05-15. Current price change has pushed the stock 26.15% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CCLD stock continues to rise going into the next quarter.
