Oscar Health Inc (OSCR) Stock: A Look at the Monthly Trend

In the past week, OSCR stock has gone up by 12.68%, with a monthly decline of -4.89% and a quarterly plunge of -9.91%. The volatility ratio for the week is 8.35%, and the volatility levels for the last 30 days are 7.94% for Oscar Health Inc The simple moving average for the past 20 days is -0.95% for OSCR’s stock, with a -10.59% simple moving average for the past 200 days.

Is It Worth Investing in Oscar Health Inc (NYSE: OSCR) Right Now?

The 36-month beta value for OSCR is also noteworthy at 1.63. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for OSCR is 172.72M, and at present, short sellers hold a 7.18% of that float. The average trading volume of OSCR on November 18, 2024 was 3.55M shares.

OSCR) stock’s latest price update

Oscar Health Inc (NYSE: OSCR) has seen a rise in its stock price by 4.57 in relation to its previous close of 14.87. However, the company has experienced a 12.68% gain in its stock price over the last five trading sessions. youtube.com reported 2024-11-18 that Mark Bertolini, Oscar Health CEO, joins ‘Squawk Box’ to discuss what the new administration means for the health care sector, ways to roll back parts of Obamacare, and much more.

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 $13.50 based on the research report published on November 06, 2024 of the current year 2024.

UBS, on the other hand, stated in their research note that they expect to see OSCR reach a price target of $23. The rating they have provided for OSCR stocks is “Neutral” according to the report published on October 07th, 2024.

Piper Sandler gave a rating of “Overweight” to OSCR, setting the target price at $25 in the report published on June 26th of the current year.

OSCR Trading at -14.37% 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 -34.64% of loss for the given period.

Volatility was left at 7.94%, however, over the last 30 days, the volatility rate increased by 8.35%, as shares sank -2.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.59% lower at present.

During the last 5 trading sessions, OSCR rose by +13.19%, which changed the moving average for the period of 200-days by +14.52% in comparison to the 20-day moving average, which settled at $15.70. In addition, Oscar Health Inc saw 69.95% 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 Kushner Joshua, who purchase 420,819 shares at the price of $13.68 back on Nov 12 ’24. After this action, Kushner Joshua now owns 5,452,081 shares of Oscar Health Inc, valued at $5,755,626 using the latest closing price.

Kushner Joshua, the Co-Founder and Vice Chairman of Oscar Health Inc, purchase 358,619 shares at $13.74 during a trade that took place back on Nov 13 ’24, which means that Kushner Joshua is holding 5,810,700 shares at $4,926,313 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 -0.06. Equity return is now at value 2.78, with 0.80 for asset returns.

Based on Oscar Health Inc (OSCR), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 3.1. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 2.49.

Currently, EBITDA for the company is -212.0 million with net debt to EBITDA at -9.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 27.33for trailing twelve months and the total asset turnover is 1.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.

Conclusion

In summary, Oscar Health Inc (OSCR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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