Oscar Health Inc (NYSE: OSCR) Not A Good Play Anymore?

Oscar Health Inc (OSCR) concluded trading on Wednesday at a closing price of $17.04, with 3.54 million shares of worth about $60.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.84% during that period and on October 30, 2024 the price saw a gain of about 6.97%. Currently the company’s common shares owned by public are about 193.87M shares, out of which, 173.22M shares are available for trading.

Stock saw a price change of 6.90% in past 5 days and over the past one month there was a price change of -17.40%. Year-to-date (YTD), OSCR shares are showing a performance of 86.23% which increased to 247.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.72 but also hit the highest price of $23.79 during that period. The average intraday trading volume for Oscar Health Inc shares is 2.96 million. The stock is currently trading -1.26% below its 20-day simple moving average (SMA20), while that difference is down -8.92% for SMA50 and it goes to -0.78% lower than SMA200.

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Oscar Health Inc (NYSE: OSCR) currently have 193.87M outstanding shares and institutions hold larger chunk of about 59.39% of that.

The stock has a current market capitalization of $4.12B and its 3Y-monthly beta is at 1.62. It has posted earnings per share of -$0.13 in the same period. It has a debt-to-equity ratio of 0.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OSCR, volatility over the week remained 8.57% while standing at 6.39% over the month.

Stock’s fiscal year EPS is expected to rise by 105.05% while it is estimated to increase by 863.96% in next year. EPS is likely to grow at an annualized rate of 71.00% for next 5-years, compared to annual growth of -2.85% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on October 07, 2024 offering a Neutral rating for the stock and assigned a target price of $23 to it. Coverage by Piper Sandler stated Oscar Health Inc (OSCR) stock as an Overweight in their note to investors on June 26, 2024, suggesting a price target of $25 for the stock. On May 30, 2024, Robert W. Baird Initiated their recommendations, while on May 30, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $21. Stock get an Outperform rating from Raymond James on March 22, 2024.

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