Castlight Health Inc. (NYSE:CSLT) changed by 0.00% from its latest closing price compared to the recent 1-year high of $2.71. The company’s stock price has collected 31.82% of gains in the last five trading sessions. Press Release reported on 01/07/22 that CASTLIGHT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Castlight Health, Inc. – CSLT
Is It Worth Investing in Castlight Health Inc. (NYSE :CSLT) Right Now?
Plus, the 36-month beta value for CSLT is at 1.81.
CSLT currently public float of 126.96M and currently shorts hold a 2.49% ratio of that float. Today, the average trading volume of CSLT was 1.70M shares.
CSLT’s Market Performance
CSLT stocks went up by 31.82% for the week, with a monthly jump of 30.13% and a quarterly performance of 19.41%, while its annual performance rate touched 25.31%. The volatility ratio for the week stands at 2.96% while the volatility levels for the past 30 days are set at 6.43% for Castlight Health Inc.. The simple moving average for the period of the last 20 days is 30.09% for CSLT stocks with a simple moving average of 11.78% for the last 200 days.
Analysts’ Opinion of CSLT
Canaccord Genuity, on the other hand, stated in their research note that they expect to see CSLT reach a price target of $1.50, previously predicting the price at $4. The rating they have provided for CSLT stocks is “Hold” according to the report published on November 20th, 2019.
CSLT Trading at 23.95% from the 50-Day Moving Average
After a stumble in the market that brought CSLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.09% of loss for the given period.
Volatility was left at 6.43%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares surge +34.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.67% upper at present.
During the last 5 trading sessions, CSLT rose by +31.82%, which changed the moving average for the period of 200-days by +22.29% in comparison to the 20-day moving average, which settled at $1.59. In addition, Castlight Health Inc. saw 31.82% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CSLT starting from O’Meara Maeve, who sale 99,009 shares at the price of $1.77 back on Nov 17. After this action, O’Meara Maeve now owns 1,625,989 shares of Castlight Health Inc., valued at $175,513 using the latest closing price.
Chan M.P. Eric, the Chief Accounting Officer of Castlight Health Inc., sale 7,629 shares at $1.78 during a trade that took place back on Nov 17, which means that Chan M.P. Eric is holding 126,058 shares at $13,570 based on the most recent closing price.
Stock Fundamentals for CSLT
Equity return is now at value -6.90, with -5.20 for asset returns.