As on Thursday, Evolent Health Inc (NYSE: EVH) got off with the flyer as it spiked 0.62% to $11.34, before settling in for the price of $11.27 at the close. Taking a more long-term approach, EVH posted a 52-week range of $10.53-$35.00.
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The Healthcare sector firm’s twelve-monthly sales growth has been 27.32% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -13.43%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.91%. This publicly-traded company’s shares outstanding now amounts to $115.01 million, simultaneously with a float of $111.83 million. The organization now has a market capitalization sitting at $1.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.00, while the 200-day Moving Average is $23.71.
Evolent Health Inc (EVH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Health Information Services industry. Evolent Health Inc’s current insider ownership accounts for 4.06%, in contrast to 110.57% institutional ownership. According to the most recent insider trade that took place on Aug 22 ’24, this organization’s PRESIDENT sold 23,693 shares at the rate of 30.89, making the entire transaction reach 731,790 in total value, affecting insider ownership by 198,809. Preceding that transaction, on Aug 23 ’24, Company’s PRESIDENT sold 10,469 for 32.38, making the whole transaction’s value amount to 339,008. This particular insider is now the holder of 188,340 in total.
Evolent Health Inc (EVH) Earnings and Revenue Records
Evolent Health Inc’s EPS decrease for this current 12-month fiscal period is -28.91% and is forecasted to reach 0.96 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 -13.43% growth it accomplished over the previous five years trading on the market.
Evolent Health Inc (NYSE: EVH) Trading Performance Indicators
Let’s observe the current performance indicators for Evolent Health Inc (EVH). It’s Quick Ratio in the last reported quarter now stands at 1.04. The Stock has managed to achieve an average true range (ATR) of 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.54. Similarly, its price to free cash flow for trailing twelve months is now 12.06.
In the same vein, EVH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.91, a figure that is expected to reach 0.03 in the next quarter, and analysts are predicting that it will be 0.96 at the market close of one year from today.
Technical Analysis of Evolent Health Inc (EVH)
Through scrutinizing the latest numbers posted by the [Evolent Health Inc, EVH], it can be observed that its last 5-days Average volume of 1.94 million was better the volume of 1.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 56.54% While, its Average True Range was 0.61.
Raw Stochastic average of Evolent Health Inc (EVH) in the period of the previous 100 days is set at 3.51%, which indicates a major fall in contrast to 54.92% 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 40.28% that was lower than 118.47% volatility it exhibited in the past 100-days period.
