(WAY) Waystar Holding Common - Ratings and Ratios

Waystar Holding Corp. specializes in developing cloud-based software solutions tailored for healthcare payment management. Its platform streamlines financial operations through modules such as financial clearance, patient financial care, and claims management, enhancing efficiency for healthcare providers. The company, established in 2017 and based in Lehi, Utah, serves a broad spectrum of healthcare entities, including hospitals and medical groups.

The platforms capabilities extend to denial prevention, revenue capture, and comprehensive analytics, providing users with actionable insights to optimize their financial workflows. Waystars solutions are designed to integrate with existing healthcare information systems, ensuring seamless data flow and reducing administrative burdens.

Ticker: WAY is listed on the NASDAQ exchange, categorizing under Health Care Technology. With a market capitalization of $4.474 billion, the company reflects substantial market presence despite its relatively recent inception.

From a technical standpoint, WAYs stock exhibits a 20-day average volume of 1,418,050 shares, with a last price of $37.02. The SMA 20, 50, and 200 are $36.59, $38.68, and $32.25, respectively, indicating recent price stability. The ATR of 1.71 suggests moderate volatility.

Fundamentally, WAYs return on equity stands at -0.62, highlighting current profitability challenges. The absence of P/E and P/S metrics may indicate the companys focus on growth over immediate returns, a common strategy in the software sector.

3-Month Forecast: Based on the SMA trends, WAY may face resistance around $38.68, with support near $32.25. The ATR suggests price fluctuations within a $1.71 range. Fundamentally, while the negative RoE raises concerns, the companys market cap and industry position suggest potential for recovery and growth, contingent on improving profitability metrics.