Sharecare Inc (NASDAQ:SHCR) traded at $0.75 at close of the session on Monday, April 29, made a downward move of -7.88% on its previous day’s price.
Looking at the stock we see that its previous close was $0.81. In terms of its 52-week price range, SHCR has a high of $1.80 and a low of $0.48. The company’s stock has lost about -2.78% over that past 30 days.
Sharecare Inc has a market cap of $267.56 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.08, with the EPS growth for the year raised at -$0.3 for 2024 and -$0.29 for next year. These figures represent 16.70% and 3.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $101.33 million, with a low of $100.06 million and a high of $102.6 million. The median projection represents growth adding up to -12.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $437.03 million, or -1.80% down from figures reported last year.
On the other hand, looking at the outlook for the SHCR stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is 6.01% off its SMA20 and -12.58% from its 50-day simple moving average. The RSI (14) is pointing at 48.31 while the volatility over the past week is 9.44% and jumps to 14.81% over the past one month. The beta value is 0.21, while the average true range (ATR) is currently pointing at 0.08.
Coming back to Sharecare Inc (NASDAQ:SHCR), we note that the average 3-month trading volume was 1.90 million. Current shares outstanding are 353.43 million.
The insiders hold 21.21% of the company’s shares while institutions hold 36.10%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -30.91% down in year-to-date price movement.
