Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. The Company's offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform. PracticePro includes practice management software and related tools, which facilitate the day-to-day operation of a medical practice; electronic health records (EHR), which allow its customers to qualify for government incentives; revenue cycle management (RCM) services, which include medical billing, analytics and related services, and mobile Health (mHealth) solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services. The Company offers a clearinghouse service, which allows clients to track claim status.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Healthcare Information Services
- Sub-Industry: N/A
- Symbol: NASDAQ:MTBC
- CUSIP: N/A
- Web: www.mtbc.com
Capitalization:- Market Cap: $19.43 million
- Outstanding Shares: 10,174,000
Average Prices:- 50 Day Moving Avg: $1.40
- 200 Day Moving Avg: $0.93
- 52 Week Range: $0.29 - $3.84
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -3.08
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $27.6 million
- Price / Sales: 0.70
- Book Value: $0.42 per share
- Price / Book: 4.55
Profitability:- EBIDTA: ($3,020,000.00)
- Net Margins: -26.47%
- Return on Equity: -28.00%
- Return on Assets: -13.57%
Debt:- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 1.30%
- Quick Ratio: 1.30%
Misc:- Average Volume: 1.96 million shs.
- Beta: 1.39
- Short Ratio: 0.42
Frequently Asked Questions for Medical Transcription Billing Corp (NASDAQ:MTBC)
What is Medical Transcription Billing Corp's stock symbol?
Medical Transcription Billing Corp trades on the NASDAQ under the ticker symbol "MTBC."
How were Medical Transcription Billing Corp's earnings last quarter?
Medical Transcription Billing Corp (NASDAQ:MTBC) posted its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.32) by $0.20. The company earned $8.22 million during the quarter. Medical Transcription Billing Corp had a negative net margin of 26.47% and a negative return on equity of 28.00%. View Medical Transcription Billing Corp's Earnings History.
Where is Medical Transcription Billing Corp's stock going? Where will Medical Transcription Billing Corp's stock price be in 2017?
1 brokers have issued 12 month price objectives for Medical Transcription Billing Corp's stock. Their forecasts range from $2.25 to $2.25. On average, they expect Medical Transcription Billing Corp's stock price to reach $2.25 in the next year. View Analyst Ratings for Medical Transcription Billing Corp.
Are investors shorting Medical Transcription Billing Corp?
Medical Transcription Billing Corp saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 22,532 shares, an increase of 529.9% from the April 13th total of 3,577 shares. Based on an average trading volume of 3,499,992 shares, the short-interest ratio is presently 0.0 days.
Who are some of Medical Transcription Billing Corp's key competitors?
Some companies that are related to Medical Transcription Billing Corp include IEC Electronics Corp (IEC), WidePoint (WYY), ParkerVision (PRKR), Quinpario Acquisition Corp (JASN), Inuvo (INUV), Fusion Telecommunications Int'l (FSNN), Wireless Telecom Group (WTT), Great Elm Capital Group (GEC), TheStreet (TST), Spark Networks (LOV), Echelon (ELON), RMG Networks Holding (RMGN), Research Frontiers (REFR), EnSync (ESNC), ChinaCache International Holdings Ltd (CCIH), Qumu Corp (QUMU), Rubicon Technology (RBCN) and Top Image Systems (TISA).
How do I buy Medical Transcription Billing Corp stock?
Shares of Medical Transcription Billing Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Medical Transcription Billing Corp stock cost?
One share of Medical Transcription Billing Corp stock can currently be purchased for approximately $1.91.
Consensus Ratings for Medical Transcription Billing Corp (NASDAQ:MTBC) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $2.25 (17.80% upside) |
Analysts' Ratings History for Medical Transcription Billing Corp (NASDAQ:MTBC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/15/2017 | Chardan Capital | Boost Price Target | Buy | $1.85 -> $2.25 | Medium |  |
(Data available from 5/26/2015 forward)
Earnings History for Medical Transcription Billing Corp (NASDAQ:MTBC)Earnings History by Quarter for Medical Transcription Billing Corp (NASDAQ:MTBC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/10/2017 | Q1 2017 | ($0.32) | ($0.12) | | $8.22 million | View | N/A | |
| 11/10/2016 | Q316 | ($0.15) | ($0.02) | $5.30 million | $5.30 million | View | N/A | |
| 8/11/2016 | Q216 | ($0.13) | ($0.15) | $6.30 million | $5.20 million | View | Listen | |
| 5/11/2016 | Q1 | ($0.20) | ($0.02) | $5.10 million | $5.10 million | View | Listen | |
| 3/24/2016 | Q4 | ($0.14) | $0.01 | $5.30 million | $5.40 million | View | Listen | |
| 11/12/2015 | Q315 | ($0.12) | ($0.06) | $6.00 million | $5.60 million | View | Listen | |
| 8/12/2015 | Q215 | ($0.08) | ($0.04) | $6.70 million | $6.00 million | View | Listen | |
| 5/13/2015 | Q115 | ($0.20) | ($0.09) | $6.70 million | $6.14 million | View | Listen | |
| 3/27/2015 | Q414 | ($0.23) | ($0.11) | | $7.10 million | View | N/A | |
| 11/12/2014 | Q3 14 | ($0.15) | ($0.16) | $5.70 million | $6.01 million | View | N/A | |
| 8/27/2014 | Q214 | ($0.05) | ($0.02) | $2.60 million | $2.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Medical Transcription Billing Corp (NASDAQ:MTBC)Current Year EPS Consensus Estimate: $-0.75 EPS
Next Year EPS Consensus Estimate: $-0.62 EPS
Dividend History for Medical Transcription Billing Corp (NASDAQ:MTBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Medical Transcription Billing Corp (NASDAQ:MTBC)Insider Ownership Percentage: 53.50%
Institutional Ownership Percentage: 12.36%
Insider Trades by Quarter for Medical Transcription Billing Corp (NASDAQ:MTBC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/15/2016 | Mahmud Ul Haq | CEO | Buy | 90,000 | $0.97 | $87,300.00 | |
| 11/14/2016 | Mahmud Ul Haq | CEO | Buy | 1,000 | $0.90 | $900.00 | |
| 3/29/2016 | Bill Korn | CFO | Buy | 5,000 | $1.06 | $5,300.00 | |
| 11/30/2015 | Mahmud Ul Haq | CEO | Buy | 20,000 | $1.34 | $26,800.00 | |
| 11/30/2015 | Stephen Andrew Snyder | President | Buy | 5,000 | $1.33 | $6,650.00 | |
| 11/13/2014 | Bill Korn | CFO | Buy | 2,000 | $3.29 | $6,580.00 | |
| 11/13/2014 | Mahmud Ul Haq | CEO | Buy | 2,050 | $3.34 | $6,847.00 | |
| 9/3/2014 | Anne Busquet | Director | Buy | 14,350 | $3.82 | $54,817.00 | |
| 7/28/2014 | Stephen Andrew Snyder | President | Buy | 1,000 | $5.00 | $5,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Medical Transcription Billing Corp (NASDAQ:MTBC)
Latest Headlines for Medical Transcription Billing Corp (NASDAQ:MTBC)
| Source: |
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| Date | Headline |
|---|
 | Medical Transcription Billing Corp (MTBC) Sees Significant Growth in Short Interest
www.americanbankingnews.com - May 24 at 8:22 PM |
 | MTBC to Present at the 2017 Marcum MicroCap Conference in NYC
finance.yahoo.com - May 24 at 10:36 AM |
| MTBC Announces Release of Patient Portal App for Smartphones
finance.yahoo.com - May 22 at 10:01 AM |
| MTBC Expands Relationship with New Jersey-based Regional Health System
finance.yahoo.com - May 17 at 6:37 PM |
| MTBC Announces Closing of $2.3 Million Registered Direct Offering Priced At-The-Market
finance.yahoo.com - May 16 at 10:23 AM |
| Chardan Capital Raises Medical Transcription Billing Corp (MTBC) Price Target to $2.25
www.americanbankingnews.com - May 15 at 1:56 PM |
| MTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - May 15 at 10:19 AM |
| Medical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:18 PM |
| Edited Transcript of MTBC earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 12 at 7:18 PM |
 | Medical Transcription Billing's (MTBC) CEO Mahmud Haq on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 12:13 AM |
| Medical Transcription Billing Corp (MTBC) Posts Quarterly Earnings Results, Beats Expectations By $0.20 EPS
www.americanbankingnews.com - May 11 at 8:40 PM |
| MTBC Regains Compliance with NASDAQ Minimum Bid Price Listing Requirement
finance.yahoo.com - May 11 at 7:11 PM |
| MTBC Announces Partnership with Fogo Data Centers
finance.yahoo.com - May 11 at 7:11 PM |
| MTBC Announces $2.3 Million Registered Direct Offering Priced At-The-Market Wednesday, May 10, 2017
finance.yahoo.com - May 10 at 6:44 PM |
| MTBC Announces Successful Solution Implementation with Montana-based Great Falls Clinic
finance.yahoo.com - May 9 at 11:40 AM |
| MTBC Announces June 1 Go-Live of First talkEHR User
finance.yahoo.com - May 8 at 12:27 PM |
| MTBC Announces Upcoming Tradeshows and Extends Invitations to Practices and Vendors
finance.yahoo.com - May 5 at 6:59 PM |
| Medical Transcription Billing Corp (MTBC) Earning Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - May 4 at 11:17 AM |
| MTBC and HealthCare Compliance Network Announce Joint Webinar Series on Healthcare Reform
finance.yahoo.com - May 4 at 9:15 AM |
| SeeThruEquity Issues Company Update on Medical Transcription Billing, Corp.
finance.yahoo.com - May 2 at 5:31 PM |
 | Medical Transcription Billing (MTBC) Is Spiking To The Upside
www.rttnews.com - May 1 at 5:38 PM |
| MTBC Develops HIE Interfaces Between its Clinical Platforms and Leading Hospitals
finance.yahoo.com - May 1 at 12:26 PM |
 | BRIEF-Medical Transcription Billing sees 2017 rev of $30 mln to $31 mln
www.reuters.com - April 28 at 7:41 PM |
| MTBC to Announce Q1 2017 Financial Results and Host Conference Call on May 10, 2017
finance.yahoo.com - April 28 at 9:08 AM |
| MTBC Announces Signing of Two Key Healthcare Groups
finance.yahoo.com - April 27 at 7:12 PM |
| Medical Transcription Billing Corp (MTBC) Receives Media Impact Rating of 0.11
www.americanbankingnews.com - April 26 at 5:58 PM |
| MTBC Announces Partnership with Healthcare Compliance Network
finance.yahoo.com - April 25 at 5:57 PM |
| Medical Transcription Billing Corp (MTBC) Receives Coverage Optimism Score of 0.05
www.americanbankingnews.com - April 22 at 12:18 AM |
| MTBC Selects Dr. Jon Bertman, EHR Pioneer and Founder of Amazing Charts, to Lead TalkEHR, the Next Generation of Electronic Health Records
finance.yahoo.com - April 19 at 10:26 AM |
| MTBC Pre-releases 60% YoY Revenue Growth and Selected Preliminary Q1 2017 Financial Results, Reaffirms Guidance
finance.yahoo.com - April 17 at 10:05 AM |
| Medical Transcription Billing Corp (MTBC) Getting Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 15 at 2:55 PM |
| SeeThruEquity Issues Update on Medical Transcription Billing, Corp. (NASDAQ: MTBC)
finance.yahoo.com - April 10 at 10:19 AM |
| Medical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q4, 2016 By the Numbers : April 6, 2017
finance.yahoo.com - April 7 at 11:20 AM |
| Zacks: Analysts Set $3.05 Price Target for Medical Transcription Billing Corp (MTBC)
www.americanbankingnews.com - April 3 at 11:37 PM |
| MTBC Announces Launch of Accountable Care Organization Analytics Module
finance.yahoo.com - April 3 at 5:57 PM |
| Medical Transcription Billing Corp (MTBC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 1 at 2:16 PM |
| Edited Transcript of MTBC earnings conference call or presentation 31-Mar-17 12:30pm GMT
finance.yahoo.com - April 1 at 11:41 AM |
| BRIEF-Medical Transcription Billing Q4 adjusted non-gaap loss per share $0.12
www.reuters.com - March 31 at 6:48 PM |
| Medical Transcription Billing's (MTBC) CEO Mahmud Haq on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 31 at 6:48 PM |
| MTBC Reports Full Year and Fourth Quarter 2016 Results and Provides Guidance
finance.yahoo.com - March 31 at 9:30 AM |
| MEDICAL TRANSCRIPTION BILLING, CORP Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - March 31 at 9:30 AM |
| Q4 2016 Medical Transcription Billing Corp Earnings Release - Before Market Open
biz.yahoo.com - March 31 at 9:30 AM |
| Medical Transcription Billing Corp (MTBC) Set to Announce Earnings on Friday
www.americanbankingnews.com - March 30 at 7:04 AM |
| MTBC to Announce 2016 Financial Results and Host Conference Call on March 31, 2017
finance.yahoo.com - March 22 at 6:45 PM |
| Medical Transcription Billing Corp (MTBC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - March 21 at 7:13 AM |
| MTBC Declares Monthly Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock Offering
finance.yahoo.com - March 20 at 10:08 AM |
| MEDICAL TRANSCRIPTION BILLING, CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 20 at 10:08 AM |
| MTBC's Electronic Health Record, talkEHR, Achieves Meaningful Use Stage 3 Certification
finance.yahoo.com - February 21 at 6:15 PM |
| MTBC Partners with Pikeville Medical Center
finance.yahoo.com - February 16 at 6:16 PM |
| MTBC to Present at the 2nd Annual Disruptive Growth & Healthcare Conference
finance.yahoo.com - February 2 at 7:32 PM |
Medical Transcription Billing Corp (MTBC) Chart for Friday, May, 26, 2017
