Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate R1 Rcm Inc before investing.

In this article, we go over a few key elements for understanding R1 Rcm Inc’s stock price such as:

• R1 Rcm Inc’s current stock price and volume
• Why R1 Rcm Inc’s stock price changed recently
• Upgrades and downgrades for RCM from analysts
• RCM’s stock price momentum as measured by its relative strength

About R1 Rcm Inc (RCM)

Before we jump into R1 Rcm Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

R1 RCM Inc. is a provider of technology-driven solutions that transform the financial performance and patient experience for health systems, hospitals, and physician groups. The Company’s scalable operating models seamlessly complement a healthcare organization’s infrastructure, driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. The Company delivers solutions to customers through technology, intellectual property (IP), global scale, and operational excellence. Its Intelligent Automation modernizes processes, removes friction, and simplifies revenue cycle management (RCM). Its use of artificial intelligence (AI) in its platform depends on the availability and pricing of equipment and technical infrastructure from third parties, including Microsoft Azure. It serves over 3,700 hospitals, including 93 of the top 100 health systems, and over 30,000 physicians.

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R1 Rcm Inc’s Stock Price as of Market Close

As of July 08, 2024, 4:00 PM, CST, R1 Rcm Inc’s stock price was $12.66.

R1 Rcm Inc is up 15.62% from its previous closing price of $10.95.

During the last market session, R1 Rcm Inc’s stock traded between $10.89 and $11.15. Currently, there are 420.43 million shares of R1 Rcm Inc stock available for purchase.

Unfortunately, R1 Rcm Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

R1 Rcm Inc Stock Price History

R1 Rcm Inc’s (RCM) price is currently up 0.8% so far this month.

During the month of July, R1 Rcm Inc’s stock price has reached a high of $12.82 and a low of $10.58.

Over the last year, R1 Rcm Inc has hit prices as high as $18.71 and as low as $8.87. Year to date, R1 Rcm Inc’s stock is up 15.62%.

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What Caused R1 Rcm Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 05, 2024, there were 6 analysts who downgraded R1 Rcm Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate R1 Rcm Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on R1 Rcm Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

R1 Rcm Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about R1 Rcm Inc (RCM) by visiting AAII Stock Evaluator.

Relative Price Strength of R1 Rcm Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 05, 2024, R1 Rcm Inc has a weighted four-quarter relative price strength of -15.61%, which translates to a Momentum Score of 25 and is considered to be Weak.

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R1 Rcm Inc Stock Price: Bottom Line

As of July 8, 2024, R1 Rcm Inc’s stock price is $12.66, which is up 15.62% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like R1 Rcm Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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