Trading Day Review: Sharecare Inc (SHCR) Gains Momentum, Closing at 0.65

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The price of Sharecare Inc (NASDAQ: SHCR) closed at $0.65 in the last session, up 3.33% from day before closing price of $0.63. In other words, the price has increased by $3.33 from its previous closing price. On the day, 6.84 million shares were traded. SHCR stock price reached its highest trading level at $0.6743 during the session, while it also had its lowest trading level at $0.5913.

Ratios:

We take a closer look at SHCR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On July 20, 2022, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $2.50.

On February 11, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $4.50.Goldman initiated its Neutral rating on February 11, 2022, with a $4.50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHCR now has a Market Capitalization of 234864656 and an Enterprise Value of 172983840. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.389 whereas that against EBITDA is -2.407.

Stock Price History:

Over the past 52 weeks, SHCR has reached a high of $1.80, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -26.52%, while the 200-Day Moving Average is calculated to be -37.26%.

Shares Statistics:

According to the various share statistics, SHCR traded on average about 1.70M shares per day over the past 3-months and 2843020 shares per day over the past 10 days. A total of 353.43M shares are outstanding, with a floating share count of 282.53M. Insiders hold about 21.21% of the company’s shares, while institutions hold 36.10% stake in the company. Shares short for SHCR as of 1711584000 were 6860181 with a Short Ratio of 4.04, compared to 1709164800 on 6593531. Therefore, it implies a Short% of Shares Outstanding of 6860181 and a Short% of Float of 2.2399999999999998.

Earnings Estimates

The market rating for Sharecare Inc (SHCR) is a result of the insights provided by Sotera Health Company analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.66, with high estimates of $5.30 and low estimates of $6.31.

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