Metromile Inc. (NASDAQ: MILE) is -27.78% lower on its value in year-to-date trading and has touched a low of $9.16 and a high of $20.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MILE stock was last observed hovering at around $11.44 in the last trading session, with the day’s loss setting it -0.21%.
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Currently trading at $11.23, the stock is -10.71% and -26.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -1.84% at the moment leaves the stock -24.06% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $14.77 and a 200-day simple moving average (SMA200) of $14.26.
The stock witnessed a -23.61% in the last 1 month and extending the period to 3 months gives it a -25.73%, and is -24.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.30% over the week and 11.13% over the month.
Distance from 52-week low is 22.60% and -44.92% from its 52-week high.
Metromile Inc. (MILE) Top Institutional Holders
59 institutions hold shares in Metromile Inc. (MILE), with 3.58M shares held by insiders accounting for 40.85% while institutional investors hold 48.73% of the company’s shares. Institutions hold 28.83% of the Float.
Metromile Inc. (MILE) Insider Activity
A total of 15 insider transactions have happened at Metromile Inc. (MILE) in the last six months, with sales accounting for 0 and purchases happening 15 times.