This trade activity should not be overlooked: Oscar Health Inc (OSCR)

With 6.07 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.26 million shares. The 52-week range on OSCR shows that it touched its highest point at $23.79 and its lowest point at $12.43 during that stretch. It currently has a 1-year price target of $20.06. Beta for the stock currently stands at 1.73.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OSCR was up-trending over the past week, with a rise of 13.48%, but this was down by -8.86% over a month. Three-month performance dropped to -7.26% while six-month performance fell -14.14%. The stock lost -15.31% in the past year, while it has gained 10.27% so far this year. A look at the trailing 12-month EPS for OSCR yields -0.02 with Next year EPS estimates of 0.93. For the next quarter, that number is 0.81. This implies an EPS growth rate of 647.59% for this year and 23.76% for next year.

Float and Shares Shorts:

At present, 214.97 million OSCR shares are outstanding with a float of 176.54 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OSCR since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.88836 being high and -$0.72684 being low. For OSCR, this leads to a yearly average estimate of $0.08076. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.37. The average estimate for the next quarter is thus $0.41.