Quipt Home Medical (TSE:QIPT) Trading Up 0.9% – Time to Buy?

Quipt Home Medical Corp. (TSE:QIPT) shares were up 0.9% during trading on Thursday . The company traded as high as C$3.50 and last traded at C$3.48. Approximately 39,637 shares traded hands during trading, an increase of 29% from the average daily volume of 30,648 shares. The stock had previously closed at C$3.45.

Analyst Ratings Changes

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

Quipt Home Medical Trading Up 0.9 %

The stock has a market capitalization of C$149.95 million, a PE ratio of -20.47 and a beta of 1.01. The stock’s fifty day simple moving average is C$3.75 and its 200-day simple moving average is C$4.06.

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.