The 36-month beta value for OSCR is at 1.61. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OSCR is 168.87M, and currently, shorts hold a 10.23% of that float. The average trading volume for OSCR on August 19, 2024 was 3.27M shares.
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OSCR) stock’s latest price update
Oscar Health Inc (NYSE: OSCR) has seen a decline in its stock price by -1.31 in relation to its previous close of 18.70. However, the company has experienced a 2.64% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-15 that Investors looking for stocks in the Insurance – Multi line sector might want to consider either Assurant (AIZ) or Oscar Health, Inc. (OSCR). But which of these two stocks presents investors with the better value opportunity right now?
OSCR’s Market Performance
Oscar Health Inc (OSCR) has experienced a 2.64% rise in stock performance for the past week, with a 21.02% rise in the past month, and a -18.05% drop in the past quarter. The volatility ratio for the week is 5.83%, and the volatility levels for the past 30 days are at 7.06% for OSCR. The simple moving average for the past 20 days is 7.68% for OSCR’s stock, with a 27.82% simple moving average for the past 200 days.
Analysts’ Opinion of OSCR
Many brokerage firms have already submitted their reports for OSCR stocks, with Piper Sandler repeating the rating for OSCR by listing it as a “Overweight.” The predicted price for OSCR in the upcoming period, according to Piper Sandler is $25 based on the research report published on June 26, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see OSCR reach a price target of $28. The rating they have provided for OSCR stocks is “Outperform” according to the report published on May 30th, 2024.
BofA Securities gave a rating of “Neutral” to OSCR, setting the target price at $21 in the report published on May 30th of the current year.
OSCR Trading at 6.58% 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 -21.27% of loss for the given period.
Volatility was left at 7.06%, however, over the last 30 days, the volatility rate increased by 5.83%, as shares surge +19.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.87% lower at present.
During the last 5 trading sessions, OSCR rose by +2.09%, which changed the moving average for the period of 200-days by +258.50% in comparison to the 20-day moving average, which settled at $17.29. In addition, Oscar Health Inc saw 101.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OSCR starting from Quane Alessandrea C., who sale 16,793 shares at the price of $19.58 back on Jun 06 ’24. After this action, Quane Alessandrea C. now owns 251,136 shares of Oscar Health Inc, valued at $328,807 using the latest closing price.
Blackley Richard Scott, the Chief Financial Officer of Oscar Health Inc, sale 29,978 shares at $19.58 during a trade that took place back on Jun 06 ’24, which means that Blackley Richard Scott is holding 675,442 shares at $586,969 based on the most recent closing price.
Stock Fundamentals for OSCR
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 1.0 for the gross margin
The net margin for Oscar Health Inc stands at 0.0. The total capital return value is set at 0.03. Equity return is now at value 1.74, with 0.40 for asset returns.
Based on Oscar Health Inc (OSCR), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.93. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 2.05.
Currently, EBITDA for the company is -235.62 million with net debt to EBITDA at 9.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 18.16for trailing twelve months and the total asset turnover is 1.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.
Conclusion
In conclusion, Oscar Health Inc (OSCR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
