Take A Look At This Clover Health Investments Corp (NASDAQ: CLOV) Analysis Before You Invest

Clover Health Investments Corp (NASDAQ:CLOV) traded at $1.67 at last check on Tuesday, July 24, made an upward move of 0.60% on its previous day’s price.

Looking at the stock we see that its previous close was $1.66 . In terms of its 52-week price range, CLOV has a high of $1.78 and a low of $0.61. The company’s stock has gained about 31.50% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Clover Health Investments Corp has a market cap of $829.05 million.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Clover Health Investments Corp (CLOV) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 16.25% off its SMA20 and 39.31% from its 50-day simple moving average. The RSI (14) is pointing at 70.88 while the volatility over the past week is 5.89% and jumps to 6.29% over the past one month. The beta value is 2.13, while the average true range (ATR) is currently pointing at 0.09. The average price target for the stock over the next 12 months is $1.8, with the estimates having a low of $1.8 and a high of $1.8. These price ends are -7.78% and -7.78% off the today’s price level respectively, although investors could be excited at the prospect of a -7.78% if the CLOV share price touches on the median price of $1.8.

Coming back to Clover Health Investments Corp (NASDAQ:CLOV), we note that the average 3-month trading volume was 5.91 million, while that of the preceding 10-day period stands at 4.53 million. Current shares outstanding are 393.27 million.

The insiders hold 24.44% of the company’s shares while institutions hold 18.02%. The data shows that short shares as of 2024-06-28, stood at 35.16 million at a short ratio of 6.16. This represents a 8.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.77999968.7799996 short interest in shares outstanding on 2024-06-28. Shares short fall in June from the previous month at 38.08 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 75.40% up in year-to-date price movement.

Most Popular