Evolent Health Inc (NYSE: EVH) kicked off on Friday, down -0.89% from the previous trading day, before settling in for the closing price of $11.25. Over the past 52 weeks, EVH has traded in a range of $11.10-$35.00.
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A company in the Healthcare sector has jumped its sales by 27.32% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -28.91%. With a float of $111.83 million, this company’s outstanding shares have now reached $115.01 million.
In an organization with 4700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.54%, operating margin of -0.91%, and the pretax margin is -3.54%.
Evolent Health Inc (EVH) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Evolent Health Inc is 4.06%, while institutional ownership is 110.69%. The most recent insider transaction that took place on Aug 22 ’24, was worth 731,790. In this transaction PRESIDENT of this company sold 23,693 shares at a rate of $30.89, taking the stock ownership to the 198,809 shares. Before that another transaction happened on Aug 23 ’24, when Company’s PRESIDENT sold 10,469 for $32.38, making the entire transaction worth $339,008. This insider now owns 188,340 shares in total.
Evolent Health Inc (EVH) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -13.43% drop over the previous five years of trading.
Evolent Health Inc (NYSE: EVH) Trading Performance Indicators
Take a look at Evolent Health Inc’s (EVH) current performance indicators. Last quarter, stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 11.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Evolent Health Inc (EVH)
Let’s dig in a bit further. During the last 5-days, its volume was 3.07 million. That was better than the volume of 1.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.56%. Additionally, its Average True Range was 1.02.
During the past 100 days, Evolent Health Inc’s (EVH) raw stochastic average was set at 1.45%, which indicates a significant decrease from 11.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.36% in the past 14 days, which was lower than the 119.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.05, while its 200-day Moving Average is $25.19. However, in the short run, Evolent Health Inc’s stock first resistance to watch stands at $11.49. Second resistance stands at $11.82. The third major resistance level sits at $12.16. If the price goes on to break the first support level at $10.82, it is likely to go to the next support level at $10.48. The third support level lies at $10.15 if the price breaches the second support level.
Evolent Health Inc (NYSE: EVH) Key Stats
The company with the Market Capitalisation of 1.29 billion has total of 116,564K Shares Outstanding. Its annual sales at the moment are 1,964 M in contrast with the sum of -113,040 K annual income. Company’s last quarter sales were recorded 621,400 K and last quarter income was -23,140 K.
