Additionally, the 36-month beta value for EHTH is 0.59. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for EHTH is 26.45M and currently, short sellers hold a 4.56% ratio of that float. The average trading volume of EHTH on May 08, 2024 was 228.96K shares.
EHTH) stock’s latest price update
The stock price of eHealth Inc (NASDAQ: EHTH) has jumped by 11.32 compared to previous close of 4.77. Despite this, the company has seen a gain of 24.07% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-07 that eHealth, Inc. (NASDAQ:EHTH ) Q1 2024 Earnings Call Transcript May 7, 2024 8:30 AM ET Company Participants Eli Newbrun-Mintz – Senior Investor Relations Manager Fran Soistman – Chief Executive Officer John Stelben – Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to eHealth, Inc. Conference Call to discuss the company’s First Quarter 2024 Financial Results. At this time, all participants have been placed in listen only mode.
EHTH’s Market Performance
EHTH’s stock has risen by 24.07% in the past week, with a monthly drop of -3.45% and a quarterly drop of -21.80%. The volatility ratio for the week is 7.59% while the volatility levels for the last 30 days are 6.32% for eHealth Inc The simple moving average for the past 20 days is 14.75% for EHTH’s stock, with a -26.07% simple moving average for the past 200 days.
Analysts’ Opinion of EHTH
Many brokerage firms have already submitted their reports for EHTH stocks, with Craig Hallum repeating the rating for EHTH by listing it as a “Hold.” The predicted price for EHTH in the upcoming period, according to Craig Hallum is $7 based on the research report published on January 18, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see EHTH reach a price target of $6. The rating they have provided for EHTH stocks is “Buy” according to the report published on December 01st, 2022.
Credit Suisse gave a rating of “Neutral” to EHTH, setting the target price at $16 in the report published on April 01st of the previous year.
EHTH Trading at -2.88% from the 50-Day Moving Average
After a stumble in the market that brought EHTH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.50% of loss for the given period.
Volatility was left at 6.32%, however, over the last 30 days, the volatility rate increased by 7.59%, as shares sank -3.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.79% lower at present.
During the last 5 trading sessions, EHTH rose by +24.07%, which changed the moving average for the period of 200-days by -29.85% in comparison to the 20-day moving average, which settled at $4.62. In addition, eHealth Inc saw -39.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EHTH starting from WOLF DALE B, who purchase 15,000 shares at the price of $7.05 back on Sep 15 ’23. After this action, WOLF DALE B now owns 62,932 shares of eHealth Inc, valued at $105,705 using the latest closing price.
Galimi Gavin G., the SVP, General Counsel & Secr. of eHealth Inc, purchase 2,000 shares at $9.01 during a trade that took place back on Jun 15 ’23, which means that Galimi Gavin G. is holding 117,676 shares at $18,020 based on the most recent closing price.
Stock Fundamentals for EHTH
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.99 for the gross margin
The net margin for eHealth Inc stands at -0.1. The total capital return value is set at -0.03. Equity return is now at value -3.10, with -2.15 for asset returns.
Based on eHealth Inc (EHTH), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is -560.26.
Currently, EBITDA for the company is -9.16 million with net debt to EBITDA at 5.17. When we switch over and look at the enterprise to sales, we see a ratio of 0.17. The receivables turnover for the company is 0.56for trailing twelve months and the total asset turnover is 0.43.
Conclusion
In conclusion, eHealth Inc (EHTH) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
