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Oscar Health Inc (NYSE: OSCR) closed the day trading at $20.99 up 2.49% from the previous closing price of $20.48. In other words, the price has increased by $2.49 from its previous closing price. On the day, 3.24 million shares were traded. OSCR stock price reached its highest trading level at $21.505 during the session, while it also had its lowest trading level at $20.25.
Ratios:
For a better understanding of OSCR, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on June 26, 2024, initiated with a Overweight rating and assigned the stock a target price of $25.
On May 30, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $28.
BofA Securities Downgraded its Buy to Neutral on May 30, 2024, whereas the target price for the stock was revised from $25 to $21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when Quane Alessandrea C. sold 16,793 shares for $17.06 per share. The transaction valued at 286,489 led to the insider holds 392,607 shares of the business.
Blackley Richard Scott sold 29,957 shares of OSCR for $511,066 on Sep 06 ’24. The Chief Financial Officer now owns 853,875 shares after completing the transaction at $17.06 per share. On Sep 03 ’24, another insider, Blackley Richard Scott, who serves as the Chief Financial Officer of the company, sold 68,978 shares for $17.99 each. As a result, the insider received 1,240,914 and left with 884,213 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OSCR now has a Market Capitalization of 5077669888 and an Enterprise Value of 2805479168. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 4.46. Its current Enterprise Value per Revenue stands at 0.388 whereas that against EBITDA is 78.598.
Stock Price History:
Over the past 52 weeks, OSCR has reached a high of $23.79, while it has fallen to a 52-week low of $4.72. The 50-Day Moving Average of the stock is 14.69%, while the 200-Day Moving Average is calculated to be 30.27%.
Shares Statistics:
Over the past 3-months, OSCR traded about 3.15M shares per day on average, while over the past 10 days, OSCR traded about 3223360 shares per day. A total of 193.87M shares are outstanding, with a floating share count of 173.22M. Insiders hold about 28.39% of the company’s shares, while institutions hold 59.74% stake in the company. Shares short for OSCR as of 1726185600 were 12685839 with a Short Ratio of 4.02, compared to 1723680000 on 17684802. Therefore, it implies a Short% of Shares Outstanding of 12685839 and a Short% of Float of 6.419999999999999.
