As on May 17, 2021, Castlight Health Inc. (NYSE: CSLT) started slowly as it slid -1.67% to $1.77. During the day, the stock rose to $1.81 and sunk to $1.54 before settling in for the price of $1.80 at the close. Taking a more long-term approach, CSLT posted a 52-week range of $0.66-$2.36.
The Healthcare sector firm’s twelve-monthly sales growth has been 14.30% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 13.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -49.00%. This publicly-traded company’s shares outstanding now amounts to $156.78 million, simultaneously with a float of $111.98 million. The organization now has a market capitalization sitting at $273.27 million. At the time of writing, stock’s 50-day Moving Average stood at $1.7078, while the 200-day Moving Average is $1.4125.
It is quite necessary to find out the efficiency of the corporate organization, which has 440 number of employees on its payroll. It has generated 333,430 per worker during the last fiscal year. Meanwhile, its income per employee was -141,325. The stock had 4.65 Receivables turnover and 0.72 Total Asset turnover. For the Profitability, stocks gross margin was +64.53, operating margin was -8.51 and Pretax Margin of -42.39.
Castlight Health Inc. (CSLT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Health Information Services industry. Castlight Health Inc.’s current insider ownership accounts for 1.50%, in contrast to 62.60% institutional ownership. According to the most recent insider trade that took place on Feb 19, this organization’s Director sold 17,119 shares at the rate of 1.72, making the entire transaction reach 29,491 in total value, affecting insider ownership by 314,029. Preceding that transaction, on Feb 17, Company’s Chief Accounting Officer sold 8,398 for 1.89, making the whole transaction’s value amount to 15,901. This particular insider is now the holder of 84,476 in total.
Castlight Health Inc. (CSLT) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2021, the company posted $0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.01) by $0.02. This company achieved a net margin of -42.39 while generating a return on equity of -41.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Castlight Health Inc.’s EPS decrease for this current 12-month fiscal period is -49.00% and is forecasted to reach 0.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the 13.60% growth it accomplished over the previous five years trading on the market.
Castlight Health Inc. (NYSE: CSLT) Trading Performance Indicators
Let’s observe the current performance indicators for Castlight Health Inc. (CSLT). It’s Quick Ratio in the last reported quarter now stands at 2.50. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.91. Similarly, its price to free cash flow for trailing twelve months is now 19.66.
In the same vein, CSLT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.06, a figure that is expected to reach -0.00 in the next quarter, and analysts are predicting that it will be 0.02 at the market close of one year from today.
Technical Analysis of Castlight Health Inc. (CSLT)
Through scrutinizing the latest numbers posted by the [Castlight Health Inc., CSLT], it can be observed that its last 5-days Average volume of 1.09 million was lower the volume of 1.23 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 33.43% While, its Average True Range was 0.1527.
Raw Stochastic average of Castlight Health Inc. (CSLT) in the period of the previous 100 days is set at 50.00%, which indicates a major fall in contrast to 60.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 87.49% that was higher than 84.99% volatility it exhibited in the past 100-days period.