On Friday, Oscar Health Inc (NYSE: OSCR) opened higher 3.60% from the last session, before settling in for the closing price of $18.05. Price fluctuations for OSCR have ranged from $4.72 to $23.44 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 113.90% annually for the last half of the decade. Company’s average yearly earnings per share was noted 104.37% at the time writing. With a float of $168.87 million, this company’s outstanding shares have now reached $193.87 million.
In an organization with 2400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 99.99%, operating margin of 0.69%, and the pretax margin is 0.33%.
Oscar Health Inc (OSCR) Insider Updates
A key investor’s attitude towards the stock of the Healthcare Plans industry is another important factor to consider. The insider ownership of Oscar Health Inc is 29.79%, while institutional ownership is 61.57%. The most recent insider transaction that took place on Jun 06 ’24, was worth 328,807. In this transaction EVP, Chief Insurance Officer of this company sold 16,793 shares at a rate of $19.58, taking the stock ownership to the 251,136 shares. Before that another transaction happened on Jun 06 ’24, when Company’s Chief Financial Officer sold 29,978 for $19.58, making the entire transaction worth $586,969. This insider now owns 675,442 shares in total.
Oscar Health Inc (OSCR) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.47) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 104.37% per share during the next fiscal year.
Oscar Health Inc (NYSE: OSCR) Trading Performance Indicators
Check out the current performance indicators for Oscar Health Inc (OSCR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 17.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach 0.58 in one year’s time.
Technical Analysis of Oscar Health Inc (OSCR)
Let’s dig in a bit further. During the last 5-days, its volume was 2.89 million. That was inferior than the volume of 3.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic%D was 79.84%. Additionally, its Average True Range was 1.19.
During the past 100 days, Oscar Health Inc’s (OSCR) raw stochastic average was set at 53.02%, which indicates a significant decrease from 89.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.83% in the past 14 days, which was higher than the 56.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.32, while its 200-day Moving Average is $14.44. However, in the short run, Oscar Health Inc’s stock first resistance to watch stands at $19.09. Second resistance stands at $19.47. The third major resistance level sits at $20.05. If the price goes on to break the first support level at $18.13, it is likely to go to the next support level at $17.55. Assuming the price breaks the second support level, the third support level stands at $17.17.
Oscar Health Inc (NYSE: OSCR) Key Stats
There are currently 237,224K shares outstanding in the company with a market cap of 4.44 billion. Presently, the company’s annual sales total 5,863 M according to its annual income of -270,730 K. Last quarter, the company’s sales amounted to 2,219 M and its income totaled 56,210 K.
