Sharecare Inc (SHCR) Could Be Worth Consideration Now, Even At A Loss Of -185.71% Since Its High Price

Sharecare Inc (NASDAQ:SHCR) price on Thursday, April 18, fall -4.20% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.63.

A look at the stock’s price movement, the close in the last trading session was $0.66. Turning to its 52-week performance, $1.80 and $0.48 were the 52-week high and 52-week low respectively. Overall, SHCR moved -35.47% over the past month.

Sharecare Inc’s market cap currently stands at around $227.30 million.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that SHCR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

SHCR’s current price about -16.99% and -29.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.03, while 7-day volatility ratio is 10.34% and 14.74% in the 30-day chart. Further, Sharecare Inc (SHCR) has a beta value of 0.30, and an average true range (ATR) of 0.09.

If we refocus on Sharecare Inc (NASDAQ:SHCR), historical trading data shows that trading volumes averaged 1.67 million over the past 3 months. The company’s latest data on shares outstanding shows there are 353.43 million shares.

The 21.21% of Sharecare Inc’s shares are in the hands of company insiders while institutional holders own 36.10% of the company’s shares. Current price change has pushed the stock -41.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SHCR stock continues to rise going into the next quarter.

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