Signify Health Inc. (NYSE:SGFY) went up by 1.96% from its latest closing price compared to the recent 1-year high of $31.91. The company’s stock price has collected -9.63% of loss in the last five trading sessions. The Wall Street Journal reported on 02/11/21 that New Mountain-Backed Signify Health Shares Surge in Public Debut
Is It Worth Investing in Signify Health Inc. (NYSE :SGFY) Right Now?
Signify Health Inc. (NYSE:SGFY) scored a price-to-earnings ratio above its average ratio, recording 64.69 x from its present earnings ratio.
SGFY currently public float of 167.75M and currently shorts hold a 3.53% ratio of that float. Today, the average trading volume of SGFY was 1.47M shares.
SGFY’s Market Performance
SGFY stocks went down by -9.63% for the week, with a monthly drop of -30.27% and a quarterly performance of -17.15%, while its annual performance rate touched -54.80%. The volatility ratio for the week stands at 12.79% while the volatility levels for the past 30 days are set at 8.62% for Signify Health Inc.. The simple moving average for the period of the last 20 days is -20.22% for SGFY stocks with a simple moving average of -33.31% for the last 200 days.
Analysts’ Opinion of SGFY
Many brokerage firms have already submitted their reports for SGFY stocks, with Guggenheim repeating the rating for SGFY by listing it as a “Buy.” The predicted price for SGFY in the upcoming period, according to Guggenheim is $36 based on the research report published on March 30th of the current year 2022.
UBS, on the other hand, stated in their research note that they expect to see SGFY reach a price target of $21, previously predicting the price at $20. The rating they have provided for SGFY stocks is “Buy” according to the report published on March 09th, 2022.
Goldman gave a rating of “Buy” to SGFY, setting the target price at $20 in the report published on February 11th of the current year.
SGFY Trading at -27.74% from the 50-Day Moving Average
After a stumble in the market that brought SGFY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.12% of loss for the given period.
Volatility was left at 8.62%, however, over the last 30 days, the volatility rate increased by 12.79%, as shares sank -30.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.30% lower at present.
During the last 5 trading sessions, SGFY fell by -9.63%, which changed the moving average for the period of 200-days by -57.08% in comparison to the 20-day moving average, which settled at $14.10. In addition, Signify Health Inc. saw -19.48% 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 SGFY starting from Senneff Steve, who purchase 2,500 shares at the price of $11.75 back on May 09. After this action, Senneff Steve now owns 217,587 shares of Signify Health Inc., valued at $29,372 using the latest closing price.
Armbrester Bradford Kyle, the Chief Executive Officer of Signify Health Inc., purchase 8,320 shares at $11.77 during a trade that took place back on May 09, which means that Armbrester Bradford Kyle is holding 92,693 shares at $97,891 based on the most recent closing price.
Stock Fundamentals for SGFY
Equity return is now at value 2.90, with 1.50 for asset returns.