NeueHealth Inc (NYSE: NEUE) is -6.68% lower on its value in year-to-date trading and has touched a low of $3.79 and a high of $16.59 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 NEUE stock was last observed hovering at around $4.31 in the last trading session, with the day’s gains setting it 3.23%.
Currently trading at $7.54, the stock is 51.48% and 48.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 74.94% at the moment leaves the stock 35.61% off its SMA200. NEUE registered 35.36% gain for a year compared to 6-month loss of 36.14%. The firm has a 50-day simple moving average (SMA 50) of $5.06482 and a 200-day simple moving average (SMA200) of $5.564425.
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The stock witnessed a 42.40% gain in the last 1 month and extending the period to 3 months gives it a 42.40%, and is 75.80% 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 5.96% over the week and 6.65% over the month.
NeueHealth Inc (NEUE) has around 1252 employees, a market worth around $109.30M and $996.89M in sales. Profit margin for the company is -41.40%. Distance from 52-week low is 98.94% and -54.55% from its 52-week high.
The EPS is expected to grow by 73.92% this year
The shares outstanding are 8.28M, and float is at 2.88M with Short Float at 0.47%.
NeueHealth Inc (NEUE) Insider Activity
The most recent transaction is an insider sale by Mikan George Lawrence III, the company’s CEO & President. SEC filings show that Mikan George Lawrence III sold 16,803 shares of the company’s common stock on Dec 17 ’24 at a price of $4.18 per share for a total of $70237.0. Following the sale, the insider now owns 83029.0 shares.
NeueHealth Inc disclosed in a document filed with the SEC on Oct 07 ’24 that Matushak Jay (Chief Financial Officer) sold a total of 87 shares of the company’s common stock. The trade occurred on Oct 07 ’24 and was made at $5.18 per share for $451.0. Following the transaction, the insider now directly holds 9480.0 shares of the NEUE stock.
Still, SEC filings show that on May 10 ’24, Scherman Jeffrey J (Chief Accounting Officer) disposed off 113 shares at an average price of $6.05 for $684.0. The insider now directly holds 3,670 shares of NeueHealth Inc (NEUE).
