Sharecare Inc (SHCR) Stock: A Closer Look at the Market Potential

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Company’s 36-month beta value is 0.50.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for SHCR is 287.62M, and currently, short sellers hold a 2.45% ratio of that floaft. The average trading volume of SHCR on July 29, 2024 was 4.26M shares.

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SHCR) stock’s latest price update

Sharecare Inc (NASDAQ: SHCR) has seen a decline in its stock price by -0.72 in relation to its previous close of 1.38. accesswire.com reported 2024-07-26 that LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sharecare, Inc. (“Sharecare ” or “the Company”) (NASDAQ:SHCR) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHCR’s Market Performance

SHCR’s stock has fallen by 0.00% in the past week, with a monthly drop of -0.72% and a quarterly rise of 69.14%. The volatility ratio for the week is 0.95% while the volatility levels for the last 30 days are 1.00% for Sharecare Inc The simple moving average for the last 20 days is -0.27% for SHCR stock, with a simple moving average of 38.25% for the last 200 days.

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 24.36% 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 -2.84% of loss for the given period.

Volatility was left at 1.00%, however, over the last 30 days, the volatility rate increased by 0.95%, as shares surge +1.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +80.90% upper at present.

During the last 5 trading sessions, SHCR rose by +0.36%, which changed the moving average for the period of 200-days by +47.00% in comparison to the 20-day moving average, which settled at $1.3750. In addition, Sharecare Inc saw 26.85% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SHCR

Current profitability levels for the company are sitting at:

  • -0.29 for the present operating margin
  • 0.36 for the gross margin

The net margin for Sharecare Inc stands at -0.31. The total capital return value is set at -0.26. Equity return is now at value -25.32, with -20.67 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 -4.43. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -78.17.

Currently, EBITDA for the company is -35.27 million with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 3.3for 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 2.25.

Conclusion

In a nutshell, Sharecare Inc (SHCR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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