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New Big Money Means Oscar Health Inc (OSCR) Investors Could Reap Benefit

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Oscar Health Inc (NYSE: OSCR) is 126.67% higher on its value in year-to-date trading and has touched a low of $4.72 and a high of $20.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OSCR stock was last observed hovering at around $19.77 in the last trading session, with the day’s gains setting it 0.97%.

Currently trading at $20.74, the stock is 23.17% and 34.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.76 million and changing 4.91% at the moment leaves the stock 103.72% off its SMA200. OSCR registered 175.80% gain for a year compared to 6-month gain of 263.22%.

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The stock witnessed a 48.25% loss in the last 1 month and extending the period to 3 months gives it a 54.66%, and is 19.47% up 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 7.88% over the week and 6.65% over the month.

Oscar Health Inc (OSCR) has around 2400 employees, a market worth around $4.91B and $6.54B in sales. Fwd P/E is 38.69. Profit margin for the company is -0.82%. Distance from 52-week low is 339.41% and 0.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.03%).

The EPS is expected to grow by 106.39% this year

The shares outstanding are 193.87M, and float is at 156.17M with Short Float at 4.91%.

Oscar Health Inc (OSCR) Insider Activity

The most recent transaction is an insider sale by Blackley Richard Scott, the company’s Chief Financial Officer. SEC filings show that Blackley Richard Scott sold 27,043 shares of the company’s common stock on Mar 06 ’24 at a price of $14.12 per share for a total of $0.38 million. Following the sale, the insider now owns 0.61 million shares.

Oscar Health Inc disclosed in a document filed with the SEC on Mar 06 ’24 that Quane Alessandrea C. (EVP, Chief Insurance Officer) sold a total of 13,233 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $14.12 per share for $0.19 million. Following the transaction, the insider now directly holds 0.21 million shares of the OSCR stock.

Still, SEC filings show that on Mar 04 ’24, Baltrus Victoria (Chief Accounting Officer) disposed off 33,707 shares at an average price of $15.88 for $0.54 million. The insider now directly holds 118,111 shares of Oscar Health Inc (OSCR).

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