- RDNT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $2.8 million.
- RDNT has traded 81,525 shares today.
- RDNT is trading at 4.64 times the normal volume for the stock at this time of day.
- RDNT is trading at a new low 4.24% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in RDNT with the Ticky from Trade-Ideas. See the FREE profile for RDNT NOW at Trade-Ideas
- Compared to its price level of one year ago, RDNT is up 57.16% to its most recent closing price of 8.55. Looking ahead, our view is that this company's fundamentals should not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
- Compared to other companies in the Health Care Providers & Services industry and the overall market, RADNET INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- RADNET INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, RADNET INC reported lower earnings of $0.00 versus $0.06 in the prior year. This year, the market expects an increase in earnings to $0.54 from $0.00.
- 39.00% is the gross profit margin for RADNET INC which we consider to be strong. Regardless of RDNT's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 2.26% trails the industry average.
- The debt-to-equity ratio is very high at 111.45 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Even though the debt-to-equity ratio is weak, RDNT's quick ratio is somewhat strong at 1.13, demonstrating the ability to handle short-term liquidity needs.
- You can view the full RadNet Ratings Report.
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