The stock of Sharecare Inc (SHCR) has gone up by 7.03% for the week, with a -2.78% drop in the past month and a -34.54% drop in the past quarter. The volatility ratio for the week is 9.44%, and the volatility levels for the past 30 days are 14.81% for SHCR. The simple moving average for the past 20 days is 6.01% for SHCR’s stock, with a -26.50% simple moving average for the past 200 days.
Is It Worth Investing in Sharecare Inc (NASDAQ: SHCR) Right Now?
The stock has a 36-month beta value of 0.21. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SHCR is 282.53M, and at present, short sellers hold a 4.17% of that float. On April 30, 2024, the average trading volume of SHCR was 1.90M shares.
SHCR) stock’s latest price update
Sharecare Inc (NASDAQ: SHCR)’s stock price has dropped by -7.88 in relation to previous closing price of 0.81. Nevertheless, the company has seen a gain of 7.03% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-28 that Sharecare, Inc. (SHCR) Q4 2023 Earnings Call Transcript
Analysts’ Opinion of SHCR
Morgan Stanley, on the other hand, stated in their research note that they expect to see SHCR reach a price target of $2.50. The rating they have provided for SHCR stocks is “Equal-Weight” according to the report published on July 20th, 2022.
Goldman gave a rating of “Neutral” to SHCR, setting the target price at $4.50 in the report published on February 11th of the previous year.
SHCR Trading at -12.58% from the 50-Day Moving Average
After a stumble in the market that brought SHCR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.54% of loss for the given period.
Volatility was left at 14.81%, however, over the last 30 days, the volatility rate increased by 9.44%, as shares surge +35.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.11% lower at present.
During the last 5 trading sessions, SHCR rose by +7.03%, which changed the moving average for the period of 200-days by -57.11% in comparison to the 20-day moving average, which settled at $0.7137. In addition, Sharecare Inc saw -30.91% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SHCR
Current profitability levels for the company are sitting at:
- -0.29 for the present operating margin
- 0.39 for the gross margin
The net margin for Sharecare Inc stands at -0.29. The total capital return value is set at -0.26. Equity return is now at value -24.06, with -19.55 for asset returns.
Based on Sharecare Inc (SHCR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -5.96. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -72.67.
Currently, EBITDA for the company is -35.27 million with net debt to EBITDA at 2.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 3.41for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
To sum up, Sharecare Inc (SHCR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
