Medical Transcription Billing: Misunderstood Consolidator, Catalyst-Driven [Seeking Alpha]
CareCloud, Inc. (MTBC)
Last carecloud, inc. earnings: 2/28 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.mtbc.com
Company Research
Source: Seeking Alpha
Medical Transcription Billing: Misunderstood Consolidator, Catalyst-DrivenSummaryMTBC management has a strong track record on M&A, buying unprofitable or bankruptcy businesses, turning them profitable in just a few months.Short-term catalyst: The company recently announced an acquisition agreement that could increase revenues by at least 50%. This might multiply MTBC's intrinsic value by 2.4 times.Insiders have skin in the game, owning 50% of the outstanding shares, of which 44% are controlled by the company's Chairman and former CEO.The company reported positive net income in Q1 2018, for the first time since its IPO in 2014, but is trading about -9% since then.The company is currently a 5-bagger, counting from its March 2017 minimums and is currently trading below its IPO price in 2014.
Show less
Read more
Impact Snapshot
Event Time:
MTBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTBC alerts
High impacting CareCloud, Inc. news events
Weekly update
A roundup of the hottest topics