SelectQuote Inc (NYSE:SLQT) shares, rose in value on Wednesday, April 16, with the stock price up by 2.24% to the previous day’s close as strong demand from buyers drove the stock to $3.19.
Actively observing the price movement in the last trading, the stock closed the session at $3.12, falling within a range of $3.085 and $3.2697. The value of beta (5-year monthly) was 1.245. Referring to stock’s 52-week performance, its high was $6.86, and the low was $1.48. On the whole, SLQT has fluctuated by -9.38% over the past month.
With the market capitalization of SelectQuote Inc currently standing at about $549.14 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.53B, with a low estimate of 409.1M and a high estimate of 417M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 412.83M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SLQT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of SLQT currently trading nearly -6.47% and -20.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.23, while the 7-day volatility ratio is showing 7.17% which for the 30-day chart, stands at 7.79%. Furthermore, SelectQuote Inc (SLQT)’s beta value is 1.25, and its average true range (ATR) is 0.29.
A comparison of SelectQuote Inc (SLQT) with its peers suggests the former has fared considerably weaker in the market. SLQT showed an intraday change of 2.24% in last session, and over the past year, it grew by 93.33%%.
Data on historical trading for SelectQuote Inc (NYSE:SLQT) indicates that the trading volumes over the past 10 days have averaged 1.73 and over the past 3 months, they’ve averaged 1.97 million. According to company’s latest data on outstanding shares, there are 172.13 million shares outstanding.
Nearly 20.91% of SelectQuote Inc’s shares belong to company insiders and institutional investors own 37.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.52 million shares as on 2025-03-31, resulting in a short ratio of 1.97. According to the data, the short interest in SelectQuote Inc (SLQT) stood at 187.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.18 million. The stock has fallen by -14.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SLQT stock heading into the next quarter.
