CareRx Corp (CRRX.TO) has seen slight gains this week amid steady revenue performance and recent financial announcements.
In the latest trading session, CareRx Corp's stock closed at C$3.20, reflecting a modest increase of 0.31% for the day and a 0.63% gain over the past week. Despite these small upward movements, the stock has faced challenges this year, with a year-to-date decline of 17.53%. Let's take a closer look at the recent performance and the technical landscape surrounding CareRx Corp.
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CareRx Corp
CRRX.TO
CRRX.TO
CareRx Corp
WealthAwesomeMarket cap
$202.34M
P/E
7.6x
Div. yield
2.50%
Div. / share
$0.08
52W high
$3.93
52W low
$3.06
1W change
+0.63%
Beta
0.56
Analyst Price Targets
Based on analyst covering CRRX · as of Sep 17, 2026
Wall Street analysts forecast CRRX stock price to rise 60.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.14
+60.7% Upside
Current Price
C$3.20
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CRRX's historical volatility
30-Day Vol
21.2%
Annualized
90-Day Vol
25.2%
Annualized
Trend (90d)
-35.2%
Annualized drift
90d Mean
C$2.82
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.07 | C$2.85 – C$3.30 |
| 60 trading days | C$2.94 | C$2.65 – C$3.26 |
| 90 trading days | C$2.82 | C$2.49 – C$3.20 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider the company's recent financial stability and the implications of its new credit agreement while being mindful of its year-to-date performance and market conditions.
CareRx Corp's P/E Ratio Stands at 7.60
The valuation of CareRx Corp, reflected in its P/E ratio of 7.60, suggests that the stock may be undervalued compared to broader market standards, potentially attracting value investors.
Bull case
Analysts are optimistic about CareRx Corp, with an average target price of C$5.14. This suggests a potential upside of over 60% from the current price. The company's consistent revenue and dividend payments may attract income-focused investors looking for reliable returns.
Bear case
Currently, the stock is trading below both its 50-day and 200-day moving averages, which indicates potential bearish momentum. The decline in year-to-date performance raises concerns about the sustainability of its financial health.
Recent Stock Performance
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CareRx Corp has experienced a slight uptick in its stock price this week, closing at C$3.20. The stock has gained 0.31% in the last trading session and 0.63% over the past week. However, it has struggled in the long term, showing a decline of 17.53% year-to-date. This mixed performance reflects ongoing challenges in the market while also indicating some resilience in the face of these difficulties.
Recent Company News
Although there is no major news impacting CareRx Corp this week, the company has made headlines in the past regarding its financial stability. Notably, CareRx announced a new credit agreement with the National Bank of Canada on August 27, 2026, which could enhance its liquidity and support ongoing operations. The company also reported stable revenue and EBITDA in its Q2 2026 financial results, despite facing challenges related to Ontario ward bed funding changes.
Technical Picture
From a technical standpoint, CareRx Corp's stock is currently trading below its 50-day moving average of C$3.27 and its 200-day moving average of C$3.56, indicating a potential bearish trend. The stock's 52-week range is C$3.06 to C$3.93, with the current price sitting at 16% of this range. Additionally, the stock has a beta of 0.56, suggesting lower volatility compared to the broader market. The latest trading volume of 1,400 shares is significantly below the 20-day average volume of 12,349 shares, reflecting reduced investor interest.
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