CareCloud (NASDAQ:CCLDO) Shares Up 0.4% – Here’s What Happened

CareCloud, Inc. (NASDAQ:CCLDO) shares shot up 0.4% on Monday . The stock traded as high as $25.25 and last traded at $25.06. 4,799 shares traded hands during trading, a decline of 43% from the average session volume of 8,434 shares. The stock had previously closed at $24.96.

CareCloud Stock Down 0.1%

The company has a fifty day moving average of $21.89 and a 200-day moving average of $20.72.

CareCloud (NASDAQ:CCLDO) last issued its quarterly earnings results on Monday, March 14th. The company reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $32.04 million during the quarter.

CareCloud Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.1823 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a c) annualized dividend and a yield of 8.8%.

About CareCloud

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company’s portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.