There is no way Sharecare Inc (SHCR) can keep these numbers up

With 2.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.25 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $1.38 whereas the lowest price it dropped to was $1.36. The 52-week range on SHCR shows that it touched its highest point at $1.80 and its lowest point at $0.48 during that stretch. It currently has a 1-year price target of $1.43. Beta for the stock currently stands at 0.51.

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Price Performance and Earnings:

Three-month performance surged to 72.74% while six-month performance rose 38.00%. The stock lost -17.86% in the past year, while it has gained 27.78% so far this year. A look at the trailing 12-month EPS for SHCR yields -0.37 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.05. This implies an EPS growth rate of -83.33% for this year and 20.91% for next year.

Float and Shares Shorts:

At present, 353.43 million SHCR shares are outstanding with a float of 288.11 million shares on hand for trading. On 2024-06-14, short shares totaled 16.52 million, which was 454.0 higher than short shares on 1715731200. In addition to Mr. Jeffrey T. Arnold as the firm’s Founder & Executive Chairman, Mr. Brent Davis Layton serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.47367 of SHCR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, SHCR reported revenue of $90861000.0 and operating income of -$36600000.0. The EBITDA in the recently reported quarter was -$22006000.0 and diluted EPS was -$0.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHCR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.