Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Oscar Health Inc (NYSE: OSCR) closed at $17.40 in the last session, up 7.54% from day before closing price of $16.18. In other words, the price has increased by $7.54 from its previous closing price. On the day, 2.53 million shares were traded. OSCR stock price reached its highest trading level at $17.42 during the session, while it also had its lowest trading level at $16.14.
Ratios:
We take a closer look at OSCR’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.37.
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, Raymond James on March 22, 2024, initiated with a Outperform rating and assigned the stock a target price of $20.
On November 02, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $8 to $9.
BofA Securities Upgraded its Underperform to Neutral on June 06, 2023, whereas the target price for the stock was revised from $5.40 to $8.75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Blackley Richard Scott sold 27,043 shares for $14.12 per share. The transaction valued at 381,847 led to the insider holds 614,316 shares of the business.
Quane Alessandrea C. sold 13,233 shares of OSCR for $186,850 on Mar 06 ’24. The EVP, Chief Insurance Officer now owns 212,850 shares after completing the transaction at $14.12 per share. On Mar 04 ’24, another insider, Baltrus Victoria, who serves as the Chief Accounting Officer of the company, sold 33,707 shares for $15.88 each. As a result, the insider received 535,267 and left with 118,111 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 3997249792 and an Enterprise Value of 1533652864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 4.96. Its current Enterprise Value per Revenue stands at 0.262 whereas that against EBITDA is -7.484.
Stock Price History:
Over the past 52 weeks, OSCR has reached a high of $18.55, while it has fallen to a 52-week low of $4.72. The 50-Day Moving Average of the stock is 13.91%, while the 200-Day Moving Average is calculated to be 80.63%.
Shares Statistics:
According to the various share statistics, OSCR traded on average about 3.16M shares per day over the past 3-months and 2830480 shares per day over the past 10 days. A total of 193.87M shares are outstanding, with a floating share count of 144.21M. Insiders hold about 37.22% of the company’s shares, while institutions hold 46.05% stake in the company. Shares short for OSCR as of 1711584000 were 6946450 with a Short Ratio of 2.20, compared to 1709164800 on 5442324. Therefore, it implies a Short% of Shares Outstanding of 6946450 and a Short% of Float of 4.24.
