Oscar Health Inc. (NYSE:OSCR) went down by -1.29% from its latest closing price compared to the recent 1-year high of $18.89. The company’s stock price has collected -8.98% of loss in the last five trading sessions. Barron’s reported on 03/03/21 that Oscar Health, Backed by Josh Kushner, Falls Below Its IPO Price
Is It Worth Investing in Oscar Health Inc. (NYSE :OSCR) Right Now?
Opinions of the stock are interesting as 2 analysts out of 7 who provided ratings for Oscar Health Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $7.64, which is $2.27 above the current price. OSCR currently public float of 150.86M and currently shorts hold a 5.21% ratio of that float. Today, the average trading volume of OSCR was 1.91M shares.
OSCR’s Market Performance
OSCR stocks went down by -8.98% for the week, with a monthly drop of -23.07% and a quarterly performance of 23.17%, while its annual performance rate touched -69.30%. The volatility ratio for the week stands at 4.63% while the volatility levels for the past 30 days are set at 4.69% for Oscar Health Inc. The simple moving average for the period of the last 20 days is -14.08% for OSCR stocks with a simple moving average of -21.26% for the last 200 days.
Analysts’ Opinion of OSCR
Many brokerage firms have already submitted their reports for OSCR stocks, with BofA Securities repeating the rating for OSCR by listing it as a “Underperform.” The predicted price for OSCR in the upcoming period, according to BofA Securities is $4.50 based on the research report published on June 15th of the current year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see OSCR reach a price target of $6, previously predicting the price at $12. The rating they have provided for OSCR stocks is “Neutral” according to the report published on May 26th, 2022.
Goldman gave a rating of “Sell” to OSCR, setting the target price at $9 in the report published on February 14th of the current year.
OSCR Trading at -11.76% 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 -71.57% of loss for the given period.
Volatility was left at 4.69%, however, over the last 30 days, the volatility rate increased by 4.63%, as shares sank -23.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.26% upper at present.
During the last 5 trading sessions, OSCR fell by -8.98%, which changed the moving average for the period of 200-days by -38.63% in comparison to the 20-day moving average, which settled at $6.17. In addition, Oscar Health Inc. saw -31.59% 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 Quane Alessandrea C., who sale 17,532 shares at the price of $5.53 back on Sep 06. After this action, Quane Alessandrea C. now owns 148,804 shares of Oscar Health Inc., valued at $97,019 using the latest closing price.
Blackley Richard Scott, the Chief Financial Officer of Oscar Health Inc., sale 31,615 shares at $5.53 during a trade that took place back on Sep 06, which means that Blackley Richard Scott is holding 300,000 shares at $174,951 based on the most recent closing price.
Stock Fundamentals for OSCR
Current profitability levels for the company are sitting at:
- -29.61 for the present operating margin
The net margin for Oscar Health Inc. stands at -31.14. Equity return is now at value -43.50, with -15.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.