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Quipt Home Medical (TSE:QIPT) Stock Price Up 4% - Still a Buy?

Quipt Home Medical logo with Medical background

Key Points

  • Quipt Home Medical Corp. saw its stock price increase by 4% during mid-day trading, reaching C$2.84, after closing at C$2.73.
  • Despite the price increase, trading volume fell by 26% compared to the average session volume.
  • The company is involved in providing in-home monitoring equipment and services, including respiratory equipment and oxygen therapy.
  • Five stocks we like better than Quipt Home Medical.

Quipt Home Medical Corp. (TSE:QIPT - Get Free Report) rose 4% during mid-day trading on Friday . The stock traded as high as C$2.84 and last traded at C$2.84. Approximately 20,141 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 27,255 shares. The stock had previously closed at C$2.73.

Quipt Home Medical Stock Up 5.0%

The firm's 50-day moving average price is C$2.78 and its 200-day moving average price is C$3.04. The company has a market cap of C$95.44 million, a P/E ratio of -13.00 and a beta of 1.01.

About Quipt Home Medical

(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.

See Also

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