Stock Market Recap: SelectQuote Inc (SLQT) Concludes at 4.09, a -1.92 Surge/Decline

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After finishing at $4.17 in the prior trading day, SelectQuote Inc (NYSE: SLQT) closed at $4.09, down -1.92%. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 1.06 million shares were traded. SLQT stock price reached its highest trading level at $4.21 during the session, while it also had its lowest trading level at $3.965.

Ratios:

Our goal is to gain a better understanding of SLQT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 1.93.

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, Noble Capital Markets on February 29, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.

RBC Capital Mkts reiterated its Sector Perform rating for the stock on February 08, 2022, while the target price for the stock was revised from $13 to $3.

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 18 ’23 when Matthews Joshua Brandon bought 97,500 shares for $1.16 per share. The transaction valued at 113,295 led to the insider holds 400,937 shares of the business.

GRANT W THOMAS II bought 220,100 shares of SLQT for $256,637 on Sep 15 ’23. The Director now owns 220,100 shares after completing the transaction at $1.17 per share. On Sep 15 ’23, another insider, Grant Robert Clay, who serves as the PRESIDENT of the company, bought 184,200 shares for $1.14 each. As a result, the insider paid 209,988 and bolstered with 61,400 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, SLQT now has a Market Capitalization of 691860352 and an Enterprise Value of 1359021184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is 21.203.

Stock Price History:

Over the past 52 weeks, SLQT has reached a high of $4.46, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 29.95%, while the 200-Day Moving Average is calculated to be 112.06%.

Shares Statistics:

The stock has traded on average 960.92K shares per day over the past 3-months and 1470980 shares per day over the last 10 days, according to various share statistics. A total of 166.87M shares are outstanding, with a floating share count of 133.90M. Insiders hold about 20.84% of the company’s shares, while institutions hold 35.02% stake in the company. Shares short for SLQT as of 1721001600 were 762546 with a Short Ratio of 0.79, compared to 1718323200 on 491875. Therefore, it implies a Short% of Shares Outstanding of 762546 and a Short% of Float of 0.5599999999999999.

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