
Quipt Home Medical (TSE:QIPT) Stock Price Down 1.1% - Here's What Happened

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Quipt Home Medical (TSE:QIPT) shares fell 1.1% during mid-day trading, reaching a low of C$3.56 before closing at C$3.65. The trading volume was 16,369 shares, down 44% from the average of 28,977 shares. The company has a market cap of C$158.57 million and a price-to-earnings ratio of -15.21. Quipt Home Medical provides in-home monitoring equipment and services, including respiratory equipment and oxygen therapy. Despite a Buy rating, analysts suggest other stocks may be better investments.
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