CareCloud, Inc. (NASDAQ:MTBCO – Get Rating) was down 0.4% during trading on Friday . The stock traded as low as $23.20 and last traded at $23.90. Approximately 3,014 shares were traded during trading, an increase of 57% from the average daily volume of 1,920 shares. The stock had previously closed at $24.00.

CareCloud Stock Performance

The firm has a 50 day moving average of $24.95 and a 200 day moving average of $24.98.

CareCloud Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 17th. Stockholders of record on Friday, December 30th were issued a dividend of $0.1823 per share. The ex-dividend date was Thursday, December 29th. This represents a dividend yield of 8.78%.

About CareCloud

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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 Practice Management. The company's Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems.

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