Oscar Health Inc. (NYSE:OSCR) price closed lower on Tuesday, August 24, dropping -4.54% below its previous close.
A look at the daily price movement shows that the last close reads $12.99, with intraday deals fluctuated between $12.32 and $13.16. Taking into account the 52-week price action we note that the stock hit a 52-week high of $37.00 and 52-week low of $12.06. The stock subtracted -33.94% on its value in the past month.
Oscar Health Inc., which has a market valuation of $2.45 billion, is expected to release its quarterly earnings report Aug 12, 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 6 analysts have assigned OSCR a recommendation rating as follows: 0 rate it as a Hold; 4 advise Buy while 1 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Oscar Health Inc. (OSCR) stock as Underweight, with 1 recommending Sell. In general, analysts have rated the stock Overweight, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that OSCR’s price is at present -17.52% off the SMA20 and -34.14% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 26.07, with weekly volatility standing at 5.68%. The indicator jumps to 6.07% when calculated based on the past 30 days. Oscar Health Inc. (NYSE:OSCR)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.89. Considering analysts have assigned the stock a price target range of $13.00-$80.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $38.00. Based on this estimate, we see that current price is roughly -4.84% off the estimated low and -545.16% off the forecast high. Investors will no doubt be excited to see the share price fall to $32.00, which is the median consensus price, and at that level OSCR would be -158.06% from current price.
An analysis of the Oscar Health Inc. (NYSE:OSCR) stock in terms of its daily trading volume indicates that the 3-month average is 734.35K.
Current records show that the company has 207.48M in outstanding shares. The insiders’ percentage holdings are 0.30% of outstanding shares while the percentage share held by institutions stands at 90.10%. But the -64.37% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.