Sharecare Inc (NASDAQ:SHCR) shares, rose in value, with the stock price down by -3.76% to the previous day’s close as strong demand from buyers drove the stock to $0.74.
Actively observing the price movement in the last trading, the stock closed the session at $0.77. The value of beta (5-year monthly) was 0.26. Referring to stock’s 52-week performance, its high was $1.80, and the low was $0.48. On the whole, SHCR has fluctuated by -14.12% over the past month.
With the market capitalization of Sharecare Inc currently standing at about $266.45 million, investors are eagerly awaiting this quarter’s results, scheduled for May 08, 2024 – May 13, 2024.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHCR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SHCR currently trading nearly 5.17% and -14.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.03, while the 7-day volatility ratio is showing 10.99% which for the 30-day chart, stands at 15.19%. Furthermore, Sharecare Inc (SHCR)’s beta value is 0.23, and its average true range (ATR) is 0.08.
A comparison of Sharecare Inc (SHCR) with its peers suggests the former has fared considerably weaker in the market. SHCR showed an intraday change of -3.76% in last session, and over the past year, it shrunk by -52.67%%.
Data on historical trading for Sharecare Inc (NASDAQ:SHCR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.87 million. According to company’s latest data on outstanding shares, there are 353.43 million shares outstanding.
Nearly 21.21% of Sharecare Inc’s shares belong to company insiders and institutional investors own 36.13% of the company’s shares. The stock has fallen by -31.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHCR stock heading into the next quarter.
