Oscar Health, Inc. (OSCR, Financial) experienced a significant drop in stock price, plunging 5.04%. The stock is currently valued at $19.23 per share with a trading volume of 1.242 million shares, reflecting a turnover rate of 0.51% and a price fluctuation amplitude of 6.07%.
In its latest financial report, Oscar Health reported revenue of $2.219 billion and a net income of $56.21 million, translating to earnings per share of $0.24. Currently, the stock is trading at a price-to-earnings ratio of -128.40. Analyst ratings show that out of six institutions, 83% recommend buying, while 17% suggest holding.
The healthcare sector, where Oscar Health operates, saw a slight decline of 0.41%. Within the sector, Clover Health Investments, Corp., CVS Health, and UnitedHealth Group saw notable gains. Oscar Health remains highly active, with a turnover rate of 0.52% and a fluctuation amplitude of 6.17%. Other active stocks include Clover Health Investments, Corp. and Alignment Healthcare, Inc., with fluctuations of 15.32% and 4.70%, respectively.
Oscar Health Inc is a health insurance company offering plans for individuals, families, and employees. It also provides virtual care, doctor support, and appointment scheduling services. The company offers Medicare Advantage plans for adults aged 65 and over, who are eligible for traditional Medicare but choose insurance through private market plans.
