Artemis Medicare Services Share Price

Artemis Medicare Services Investment Rating

• Master Rating:

• Artemis Medicare Services has an operating revenue of Rs. 599.75 Cr. on a trailing 12-month basis. An annual revenue growth of 36% is outstanding, Pre-tax margin of 7% is okay, ROE of 10% is good. The company has a debt to equity of 55%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 40% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 18% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 87 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Medical-Hospitals and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.