Market Insights: Oscar Health Inc (OSCR)’s Notable Gain of 2.83, Closing at 17.47

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As of close of business last night, Oscar Health Inc’s stock clocked out at $17.47, up 2.83% from its previous closing price of $16.99. In other words, the price has increased by $2.83 from its previous closing price. On the day, 2.39 million shares were traded. OSCR stock price reached its highest trading level at $17.74 during the session, while it also had its lowest trading level at $17.1.

Ratios:

To gain a deeper understanding of OSCR’s stock, we examine 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 4110044672 and an Enterprise Value of 1955067520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 3.71. Its current Enterprise Value per Revenue stands at 0.27 whereas that against EBITDA is 54.773.

Stock Price History:

Over the past 52 weeks, OSCR has reached a high of $23.44, while it has fallen to a 52-week low of $4.72. The 50-Day Moving Average of the stock is 3.11%, while the 200-Day Moving Average is calculated to be 14.85%.

Shares Statistics:

It appears that OSCR traded 3.09M shares on average per day over the past three months and 2010350 shares per day over the past ten days. A total of 193.87M shares are outstanding, with a floating share count of 172.50M. Insiders hold about 28.69% of the company’s shares, while institutions hold 60.26% stake in the company. Shares short for OSCR as of 1723680000 were 17684802 with a Short Ratio of 5.72, compared to 1721001600 on 14384051. Therefore, it implies a Short% of Shares Outstanding of 17684802 and a Short% of Float of 8.9499995.

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