Alert: Negative Investment/Fundamental Signals (6/7/24)-Quipt Home Medical Corp (NASDAQ: QIPT)

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Extremely important negative changes in Quipt Home Medical Corp (NASDAQ: QIPT) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for September, 2025 decreased significantly, and the consensus estimate for September, 2024 decreased significantly.

Quipt Home Medical Corp (NASDAQ: QIPT) has recently experienced significant negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

QIPT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Quipt Home Medical has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Quipt Home Medical has a poor Appreciation Score of 22 and a very low Power Rating of 3, leading to the Lowest Value Trend Rating.

Recent Price Action

Quipt Home Medical Corp (NASDAQ: QIPT) stock declined slightly by -0.9% on 6/7/24. The stock closed at $3.20. However, this decline was accompanied by exceptionally low trading volume at 36% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -6.7% during the last week.

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