Oscar Health Inc [NYSE: OSCR] traded at a low on Thursday, posting a -4.04 loss after which it closed the day’ session at $14.96.
The results of the trading session contributed to over 2902498 shares changing hands. Over the past one week, the price volatility of Oscar Health Inc stands at 5.26% while the volatility over the past one month is 5.38%.
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The market cap for OSCR stock reached $3.55 billion, with 193.87 million shares outstanding and 166.62 million shares in the current float. Compared to the average trading volume of 3.55M shares, OSCR reached a trading volume of 2902498 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Oscar Health Inc [OSCR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OSCR shares is $27.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OSCR stock is a recommendation set at 1.67. 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.
Piper Sandler have made an estimate for Oscar Health Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 26, 2024. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Outperform. The new note on the price target was released on May 30, 2024, representing the official price target for Oscar Health Inc stock. Previously, the target price had yet another drop from $25 to $21, while BofA Securities kept a Neutral rating on OSCR stock.
The Average True Range (ATR) for Oscar Health Inc is set at 0.94, with the Price to Sales ratio for OSCR stock in the period of the last 12 months amounting to 0.54. The Price to Book ratio for the last quarter was 3.42.
How has OSCR stock performed recently?
Oscar Health Inc [OSCR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.83. With this latest performance, OSCR shares dropped by -20.43% in over the last four-week period, additionally plugging by 33.33% over the last 6 months – not to mention a rise of 79.81% 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 OSCR stock in for the last two-week period is set at 32.14, with the RSI for the last a single of trading hit 28.16, and the three-weeks RSI is set at 35.97 for Oscar Health Inc [OSCR]. The present Moving Average for the last 50 days of trading for this stock 19.03, while it was recorded at 15.85 for the last single week of trading, and 13.19 for the last 200 days.
Oscar Health Inc [OSCR]: Deeper insight into the fundamentals
Oscar Health Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.17.
Insider trade positions for Oscar Health Inc [OSCR]
The top three institutional holders of OSCR 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 OSCR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in OSCR stock with ownership which is approximately 5.1238%.
