Quipt Home Medical (TSE:QIPT) Shares Up 0.5%

Shares of Quipt Home Medical Corp. (TSE:QIPTGet Free Report) shot up 0.5% during trading on Friday . The company traded as high as C$4.50 and last traded at C$4.41. 11,300 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 32,493 shares. The stock had previously closed at C$4.39.

Analysts Set New Price Targets

Separately, Eight Capital reduced their price objective on Quipt Home Medical from C$13.00 to C$10.00 and set a “buy” rating for the company in a research report on Friday, May 17th.

View Our Latest Research Report on QIPT

Quipt Home Medical Trading Up 0.5 %

The company has a 50 day moving average price of C$5.05 and a 200 day moving average price of C$5.81. The company has a market capitalization of C$187.73 million, a price-to-earnings ratio of -29.40 and a beta of 1.06.

Quipt Home Medical Company Profile

(Get Free Report)

Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers, oxygen concentrators, and CPAP and BiPAP units; traditional and non-traditional durable medical respiratory equipment and services; non-invasive ventilation equipment, supplies, and services; and engages in the rental of medical equipment.

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