On Tuesday, Cue Health Inc (NASDAQ: HLTH) was 0.80% jump from the session before ,before settling in for the closing price of $0.17. A 52-week range for HLTH has been $0.16 – $1.99.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 683.06%. When this article was written, the company’s average yearly earnings per share was at 37.33%. With a float of $107.82 million, this company’s outstanding shares have now reached $155.30 million.
The extent of productivity of a business whose workforce counts for 726 workers is very important to gauge.
Cue Health Inc (HLTH) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cue Health Inc stocks. The insider ownership of Cue Health Inc is 31.98%, while institutional ownership is 39.62%.
Cue Health Inc (HLTH) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.96 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.43) by -$0.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 37.33% per share during the next fiscal year.
Cue Health Inc (NASDAQ: HLTH) Trading Performance Indicators
You can see what Cue Health Inc (HLTH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.44, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -0.65 in one year’s time.
Technical Analysis of Cue Health Inc (HLTH)
The latest stats from [Cue Health Inc, HLTH] show that its last 5-days average volume of 0.48 million was inferior to 0.97 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.03%. Additionally, its Average True Range was 0.02.
During the past 100 days, Cue Health Inc’s (HLTH) raw stochastic average was set at 7.04%, which indicates a significant decrease from 16.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.46% in the past 14 days, which was lower than the 140.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2274, while its 200-day Moving Average is $0.3359. Now, the first resistance to watch is $0.1865. This is followed by the second major resistance level at $0.1970. The third major resistance level sits at $0.2042. If the price goes on to break the first support level at $0.1688, it is likely to go to the next support level at $0.1616. Assuming the price breaks the second support level, the third support level stands at $0.1511.
Cue Health Inc (NASDAQ: HLTH) Key Stats
There are 158,516K outstanding shares of the company, which has a market capitalization of 27.88 million. As of now, sales total 70,940 K while income totals -373,460 K. Its latest quarter income was 18,800 K while its last quarter net income were -148,430 K.
