Sharecare Inc (NASDAQ: SHCR) is 28.70% higher on its value in year-to-date trading and has touched a low of $0.48 and a high of $1.40 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 SHCR stock was last observed hovering at around $1.39 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.39, the stock is 0.89% and 7.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 0.00% at the moment leaves the stock 37.35% off its SMA200. SHCR registered 34.95% gain for a year compared to 6-month gain of 40.40%.
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The stock witnessed a 0.72% loss in the last 1 month and extending the period to 3 months gives it a 63.05%, and is 0.36% 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 0.72% over the week and 0.83% over the month.
Sharecare Inc (SHCR) has around 3352 employees, a market worth around $515.59M and $403.73M in sales. Profit margin for the company is -33.64%. Distance from 52-week low is 188.92% and -0.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.00%).
The EPS is expected to shrink by -96.67% this year
153.0 institutions hold shares in Sharecare Inc (SHCR), with institutional investors hold 44.70% of the company’s shares. The shares outstanding are 353.43M, and float is at 308.29M with Short Float at 1.21%. Institutions hold 40.11% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 22.66 million shares valued at $17.39 million. The investor’s holdings represent 6.3966 of the SHCR Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 17.15 million shares valued at $13.16 million to account for 4.8421 of the shares outstanding. The other top investors are SAMJO MANAGEMENT, LLC which holds 10.53 million shares representing 2.9736 and valued at over $8.08 million, while PRIVATE MANAGEMENT GROUP INC holds 2.6212 of the shares totaling 9.28 million with a market value of $7.13 million.
Sharecare Inc (SHCR) Insider Activity
The most recent transaction is an insider sale by ARNOLD JEFFREY T, the company’s Co-Founder and Executive Chair. SEC filings show that ARNOLD JEFFREY T sold 177,085 shares of the company’s common stock on Aug 16 ’24 at a price of $1.38 per share for a total of $0.24 million. Following the sale, the insider now owns 4.79 million shares.
Still, SEC filings show that on Aug 13 ’24, Blalock Michael (Chief Accounting Officer) disposed off 39,000 shares at an average price of $1.38 for $53625.0. The insider now directly holds 156,645 shares of Sharecare Inc (SHCR).
