Eight Capital Cuts Quipt Home Medical (TSE:QIPT) Price Target to C$10.00

Quipt Home Medical (TSE:QIPTFree Report) had its price objective trimmed by Eight Capital from C$13.00 to C$10.00 in a report issued on Friday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Quipt Home Medical Stock Down 7.8 %

Shares of Quipt Home Medical stock opened at C$4.26 on Friday. The business’s fifty day simple moving average is C$5.38 and its 200-day simple moving average is C$6.01. Quipt Home Medical has a 52 week low of C$4.23 and a 52 week high of C$8.12. The firm has a market cap of C$181.35 million, a PE ratio of -35.50 and a beta of 1.03.

Quipt Home Medical Company Profile

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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.

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