Sharecare Inc [NASDAQ: SHCR] traded at a low on Wednesday, posting a -0.72 loss after which it closed the day’ session at $1.37.
The results of the trading session contributed to over 2986056 shares changing hands. Over the past one week, the price volatility of Sharecare Inc stands at 1.17% while the volatility over the past one month is 4.13%.
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The market cap for SHCR stock reached $498.83 million, with 353.43 million shares outstanding and 288.47 million shares in the current float. Compared to the average trading volume of 4.26M shares, SHCR reached a trading volume of 2986056 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sharecare Inc [SHCR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SHCR shares is $1.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SHCR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Sharecare Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 01, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on July 20, 2022, representing the official price target for Sharecare Inc stock. Previously, the target price had yet another raise to $4.50, while Goldman analysts kept a Neutral rating on SHCR stock.
The Average True Range (ATR) for Sharecare Inc is set at 0.06, with the Price to Sales ratio for SHCR stock in the period of the last 12 months amounting to 1.19. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 0.28.
How has SHCR stock performed recently?
Sharecare Inc [SHCR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.36. With this latest performance, SHCR shares gained by 63.50% in over the last four-week period, additionally plugging by 29.25% over the last 6 months – not to mention a drop of -19.88% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SHCR stock in for the last two-week period is set at 73.97, with the RSI for the last a single of trading hit 75.06, and the three-weeks RSI is set at 71.17 for Sharecare Inc [SHCR]. The present Moving Average for the last 50 days of trading for this stock 0.9463, while it was recorded at 1.3740 for the last single week of trading, and 0.9627 for the last 200 days.
Sharecare Inc [SHCR]: Deeper insight into the fundamentals
Sharecare Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.25 and a Current Ratio set at 2.25.
Insider trade positions for Sharecare Inc [SHCR]
The top three institutional holders of SHCR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in SHCR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in SHCR stock with ownership which is approximately 5.1238%.
