Oscar Health Inc. (NYSE:OSCR) went up by 3.86% from its latest closing price compared to the recent 1-year high of $37.00. The company’s stock price has collected 9.76% of gains in the last five trading sessions. Press Release reported on 09/09/21 that Cigna + Oscar Expanding Footprint on Small Businesses’ Access to Affordable Health Plans in Illinois
Is It Worth Investing in Oscar Health Inc. (NYSE :OSCR) Right Now?
Opinions of the stock are interesting as 4 analysts out of 7 who provided ratings for Oscar Health Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $32.14, which is $8.73 above the current price. OSCR currently public float of 147.63M and currently shorts hold a 3.21% ratio of that float. Today, the average trading volume of OSCR was 1.10M shares.
OSCR’s Market Performance
OSCR stocks went up by 9.76% for the week, with a monthly jump of 20.88% and a quarterly performance of -27.05%. The volatility ratio for the week stands at 8.63% while the volatility levels for the past 30 days are set at 8.48% for Oscar Health Inc.. The simple moving average for the period of the last 20 days is 18.91% for OSCR stocks with a simple moving average of -20.67% for the last 200 days.
Analysts’ Opinion of OSCR
Many brokerage firms have already submitted their reports for OSCR stocks, with Cowen repeating the rating for OSCR by listing it as a “Market Perform.” The predicted price for OSCR in the upcoming period, according to Cowen is $15 based on the research report published on September 10th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see OSCR reach a price target of $37. The rating they have provided for OSCR stocks is “Overweight” according to the report published on March 30th, 2021.
Morgan Stanley gave a rating of “Overweight” to OSCR, setting the target price at $44 in the report published on March 29th of the current year.
OSCR Trading at 6.08% from the 50-Day Moving Average
After a stumble in the market that brought OSCR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.97% of loss for the given period.
Volatility was left at 8.48%, however, over the last 30 days, the volatility rate increased by 8.63%, as shares surge +45.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.10% lower at present.
During the last 5 trading sessions, OSCR rose by +9.76%, in comparison to the 20-day moving average, which settled at $15.22. In addition, Oscar Health Inc. saw -48.94% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at OSCR starting from Thrive Partners VII Growth GP,, who purchase 377,552 shares at the price of $17.24 back on Sep 13. After this action, Thrive Partners VII Growth GP, now owns 3,916,153 shares of Oscar Health Inc., valued at $6,507,452 using the latest closing price.
Kushner Joshua, the Co-Founder and Vice Chairman of Oscar Health Inc., purchase 377,552 shares at $17.24 during a trade that took place back on Sep 13, which means that Kushner Joshua is holding 3,916,153 shares at $6,507,452 based on the most recent closing price.
Stock Fundamentals for OSCR
Current profitability levels for the company are sitting at:
- -86.92 for the present operating margin
The net margin for Oscar Health Inc. stands at -87.90. The total capital return value is set at -85.40, while invested capital returns managed to touch -86.36.
Based on Oscar Health Inc. (OSCR), the company’s capital structure generated 31.73 points at debt to equity in total, while total debt to capital is 24.09.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.