CareCloud (NASDAQ:CCLDO) Trading 1.4% Higher – Still a Buy?

Shares of CareCloud, Inc. (NASDAQ:CCLDO) shot up 1.4% on Thursday . The company traded as high as $25.84 and last traded at $26.0590. 3,939 shares traded hands during trading, a decline of 35% from the average session volume of 6,016 shares. The stock had previously closed at $25.70.

CareCloud Stock Up 1.4%

The firm’s 50-day moving average price is $25.83 and its 200-day moving average price is $23.53.

CareCloud Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.1823 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 8.4%.

About CareCloud

CareCloud is a healthcare information technology company that develops and delivers cloud-native software and services to medical practices, health systems and hospitals across the United States. The company’s platform combines practice management, electronic health record (EHR), revenue cycle management (RCM), population health analytics and patient engagement tools in a single integrated suite. CareCloud’s modular approach allows clients to adopt individual components—such as scheduling, billing or telehealth—and scale to a fully unified solution as their needs evolve.

Key offerings include CareCloud Charts, a web-based EHR designed to streamline clinical workflows; CareCloud Central, a practice management system that automates scheduling, patient intake and billing; and CareCloud Omni, which provides real-time analytics and business intelligence dashboards.