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Quipt Home Medical (TSE:QIPT) Stock Price Down 2.3% - Here's Why

Quipt Home Medical logo with Medical background

Key Points

  • Quipt Home Medical Corp's stock price fell by 2.3% on Thursday, closing at C$2.98, following a decline in trading volume.
  • The company has a market capitalization of C$92.72 million and a price-to-earnings ratio of -12.63, indicating negative earnings performance.
  • Quipt Home Medical specializes in providing in-home monitoring equipment and services such as respiratory equipment rental and oxygen therapy.
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Shares of Quipt Home Medical Corp. (TSE:QIPT - Get Free Report) were down 2.3% on Thursday . The company traded as low as C$2.97 and last traded at C$2.98. Approximately 14,086 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 26,908 shares. The stock had previously closed at C$3.05.

Quipt Home Medical Price Performance

The stock has a market capitalization of C$92.72 million, a price-to-earnings ratio of -12.63 and a beta of 1.01. The firm has a fifty day moving average of C$2.64 and a 200 day moving average of C$3.22.

Quipt Home Medical Company Profile

(Get Free Report)

Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily & Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea & PAP Treatment.

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