CareCloud (NASDAQ:CCLDO) Stock Price Down 0.3% – Here’s What Happened

CareCloud, Inc. (NASDAQ:CCLDO) shares were down 0.3% during mid-day trading on Tuesday . The stock traded as low as $25.31 and last traded at $25.31. Approximately 464 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 8,335 shares. The stock had previously closed at $25.38.

CareCloud Stock Performance

The business has a 50-day moving average price of $22.98 and a 200 day moving average price of $21.32.

CareCloud (NASDAQ:CCLDO) last announced its quarterly earnings data on Monday, March 14th. The company reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $32.04 million during the quarter.

CareCloud Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.1823 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Wednesday, December 31st.

About CareCloud

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company’s portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.