Oscar Health Inc. (NYSE: OSCR) is -35.43% lower on its value in year-to-date trading and has touched a low of $22.08 and a high of $37.00 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 OSCR stock was last observed hovering at around $23.38 in the last trading session, with the day’s loss setting it -0.91% off its average median price target of $37.00 for the next 12 months. It is also 48.93% off the consensus price target high of $44.00 offered by 7 analysts, but current levels are -32.18% lower than the price target low of $17.00 for the same period.
Currently trading at $22.47, the stock is -6.40% and -19.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.36 million and changing -3.89% at the moment leaves the stock -19.06% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $31.06 and a 200-day simple moving average (SMA200) of $31.06.
The stock witnessed a -12.26% In the last 1 month and is -1.23% 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 4.48% over the week and 5.54% over the month.
Oscar Health Inc. (OSCR) has around 1839 employees, a market worth around $3.78B and $390.98M in sales. Distance from 52-week low is 1.77% and -39.27% from its 52-week high.
Oscar Health Inc. (OSCR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Oscar Health Inc. (OSCR) is a “Overweight”. 7 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Oscar Health Inc. is expected to release its quarterly report on 09/01/2021..
Oscar Health Inc. (OSCR) Top Institutional Holders
13 institutions hold shares in Oscar Health Inc. (OSCR), with 4.61M shares held by insiders accounting for 14.81% while institutional investors hold 47.27% of the company’s shares. The shares outstanding are 168.03M, and float is at 15.04M with Short Float at 42.21%. Institutions hold 40.27% of the Float.
Oscar Health Inc. (OSCR) Insider Activity
A total of 13 insider transactions have happened at Oscar Health Inc. (OSCR) in the last six months, with sales accounting for 7 and purchases happening 6 times.