Quipt Home Medical (TSE:QIPT) Stock Price Up 0.2% – Here’s Why

Quipt Home Medical Corp. (TSE:QIPT) shot up 0.2% during mid-day trading on Friday . The company traded as high as C$4.35 and last traded at C$4.34. 20,518 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 23,032 shares. The stock had previously closed at C$4.33.

Analyst Ratings Changes

Separately, Stifel Nicolaus dropped their price target on Quipt Home Medical from C$8.40 to C$7.50 and set a “buy” rating on the stock in a research note on Thursday, November 28th.

Quipt Home Medical Stock Performance

The stock has a market cap of C$187.01 million, a PE ratio of -25.53 and a beta of 1.01. The firm’s 50-day moving average is C$3.80 and its 200 day moving average is C$4.01.

About Quipt Home Medical

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.