On Monday, Oscar Health Inc (NYSE: OSCR) opened higher 2.49% from the last session, before settling in for the closing price of $17.65. Price fluctuations for OSCR have ranged from $5.30 to $23.79 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 113.90% over the last five years. Company’s average yearly earnings per share was noted 105.05% at the time writing. With a float of $173.22 million, this company’s outstanding shares have now reached $193.87 million.
The firm has a total of 2400 workers. Let’s measure their productivity. 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 Activity
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 28.39%, while institutional ownership is 59.41%. The most recent insider transaction that took place on Sep 06 ’24, was worth 286,489. In this transaction EVP, Chief Insurance Officer of this company sold 16,793 shares at a rate of $17.06, taking the stock ownership to the 392,607 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Chief Financial Officer sold 29,957 for $17.06, making the entire transaction worth $511,066. This insider now owns 853,875 shares in total.
Oscar Health Inc (OSCR) Earnings and Forecasts
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 -0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 105.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 71.00% during the next five years compared to -2.85% drop over the previous five years of trading.
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 0.64. Likewise, its price to free cash flow for the trailing twelve months is 18.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Oscar Health Inc (OSCR)
Analysing the last 5-days average volume posted by the [Oscar Health Inc, OSCR], we can find that recorded value of 3.8 million was better than the volume posted last year of 3.22 million. As of the previous 9 days, the stock’s Stochastic %D was 77.19%. Additionally, its Average True Range was 1.10.
During the past 100 days, Oscar Health Inc’s (OSCR) raw stochastic average was set at 37.43%, which indicates a significant decrease from 77.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.18% in the past 14 days, which was higher than the 62.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.73, while its 200-day Moving Average is $17.27. Now, the first resistance to watch is $18.78. This is followed by the second major resistance level at $19.48. The third major resistance level sits at $20.03. If the price goes on to break the first support level at $17.53, it is likely to go to the next support level at $16.98. Should the price break the second support level, the third support level stands at $16.28.
Oscar Health Inc (NYSE: OSCR) Key Stats
There are currently 241,909K shares outstanding in the company with a market cap of 4.60 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.
