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The price of Oscar Health Inc (NYSE: OSCR) closed at $18.70 in the last session, up 3.60% from day before closing price of $18.05. In other words, the price has increased by $3.60 from its previous closing price. On the day, 2.42 million shares were traded. OSCR stock price reached its highest trading level at $18.89 during the session, while it also had its lowest trading level at $17.94.
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 0.26 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:
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 Jun 06 ’24 when Quane Alessandrea C. sold 16,793 shares for $19.58 per share. The transaction valued at 328,807 led to the insider holds 251,136 shares of the business.
Blackley Richard Scott sold 29,978 shares of OSCR for $586,969 on Jun 06 ’24. The Chief Financial Officer now owns 675,442 shares after completing the transaction at $19.58 per share. On Jun 03 ’24, another insider, Quane Alessandrea C., who serves as the EVP, Chief Insurance Officer of the company, sold 25,550 shares for $19.46 each. As a result, the insider received 497,203 and left with 237,347 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 4523698176 and an Enterprise Value of 2252228352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 3.97. Its current Enterprise Value per Revenue stands at 0.311 whereas that against EBITDA is 63.098.
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 7.87%, while the 200-Day Moving Average is calculated to be 30.13%.
Shares Statistics:
According to the various share statistics, OSCR traded on average about 3.26M shares per day over the past 3-months and 3298430 shares per day over the past 10 days. A total of 193.87M shares are outstanding, with a floating share count of 168.87M. Insiders hold about 29.79% of the company’s shares, while institutions hold 61.57% stake in the company. Shares short for OSCR as of 1722384000 were 17272196 with a Short Ratio of 5.30, compared to 1719532800 on 12943722. Therefore, it implies a Short% of Shares Outstanding of 17272196 and a Short% of Float of 8.75.
