CloudMD Software & Services (DOC) Set to Announce Earnings on Thursday

CloudMD Software & Services (CVE:DOC) will post its quarterly earnings results before the market opens on Thursday, November 23rd. Analysts expect CloudMD Software & Services to post earnings of C($0.02) per share for the quarter.

CloudMD Software & Services (CVE:DOC) last posted its quarterly earnings results on Monday, August 28th. The company reported C($0.01) earnings per share for the quarter, beating the consensus estimate of C($0.02) by C$0.01. CloudMD Software & Services had a negative net margin of 114.09% and a negative return on equity of 89.60%. The business had revenue of C$23.19 million during the quarter, compared to analysts’ expectations of C$26.70 million.

CloudMD Software & Services Stock Performance

CloudMD Software & Services stock opened at C$0.14 on Thursday. The firm has a 50 day simple moving average of C$0.13 and a 200-day simple moving average of C$0.15. CloudMD Software & Services has a 1-year low of C$0.11 and a 1-year high of C$0.25. The company has a debt-to-equity ratio of 24.43, a current ratio of 1.05 and a quick ratio of 1.14. The stock has a market cap of C$42.32 million, a price-to-earnings ratio of -0.28 and a beta of 1.05.

Analyst Ratings Changes

Separately, Echelon Wealth Partners decreased their price objective on shares of CloudMD Software & Services from C$0.40 to C$0.33 and set a “speculative buy” rating on the stock in a report on Tuesday, August 29th.

CloudMD Software & Services Company Profile

CloudMD Software & Services Inc offers healthcare services in Canada and the United States. The company operates in two segments: Digital Health Solutions and Enterprise Health Solutions. It offers enterprise health solutions, including mental health, virtual medical care, healthcare navigation, rehabilitation and assessments, education, employee and family assistance program, and absence management and occupational health.