Market Recap: Oscar Health Inc (OSCR)’s Negative Momentum, Closing at 17.99

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The closing price of Oscar Health Inc (NYSE: OSCR) was $17.99 for the day, down -2.39% from the previous closing price of $18.43. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 6.14 million shares were traded. OSCR stock price reached its highest trading level at $18.85 during the session, while it also had its lowest trading level at $17.58.

Ratios:

Our analysis of OSCR’s different ratios will help us gain a deeper understanding of the company. 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 the company, BofA Securities on November 06, 2024, Downgraded its rating to Underperform and sets its target price to $13.50 from $21 previously.

On October 07, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $23.

On June 26, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $25.Piper Sandler initiated its Overweight rating on June 26, 2024, with a $25 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 02 ’24 when Wolin Steven sold 19,580 shares for $18.08 per share. The transaction valued at 353,955 led to the insider holds 102,598 shares of the business.

Schlosser Mario sold 6,516 shares of OSCR for $117,792 on Dec 02 ’24. The President of Technology & CTO now owns 81,962 shares after completing the transaction at $18.08 per share. On Dec 02 ’24, another insider, Bopitiya Ranmali, who serves as the EVP & Chief Legal Officer of the company, sold 19,157 shares for $18.08 each. As a result, the insider received 346,308 and left with 241,488 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 4448369152 and an Enterprise Value of 3098248704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 0.377 whereas that against EBITDA is 70.619.

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 $7.50. The 50-Day Moving Average of the stock is 4.14%, while the 200-Day Moving Average is calculated to be 3.15%.

Shares Statistics:

OSCR traded an average of 3.89M shares per day over the past three months and 4334870 shares per day over the past ten days. A total of 211.70M shares are outstanding, with a floating share count of 173.48M. Insiders hold about 29.84% of the company’s shares, while institutions hold 61.52% stake in the company. Shares short for OSCR as of 1731628800 were 16624020 with a Short Ratio of 4.27, compared to 1728950400 on 12365169. Therefore, it implies a Short% of Shares Outstanding of 16624020 and a Short% of Float of 8.189999.

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