Clover Health Investments, Corp. (NASDAQ:CLOV – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $1.03, but opened at $1.15. Clover Health Investments shares last traded at $1.29, with a volume of 4,930,241 shares trading hands.
Clover Health Investments Stock Up 21.4 %
The stock has a market capitalization of $620.55 million, a price-to-earnings ratio of -3.68 and a beta of 2.09. The firm has a 50-day moving average of $0.90 and a two-hundred day moving average of $0.90.
Clover Health Investments (NASDAQ:CLOV – Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.02. The firm had revenue of $346.92 million for the quarter, compared to analyst estimates of $316.10 million. Clover Health Investments had a negative return on equity of 48.07% and a negative net margin of 8.63%. As a group, sell-side analysts predict that Clover Health Investments, Corp. will post -0.21 EPS for the current year.
Institutional Inflows and Outflows
Clover Health Investments Company Profile
Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.
See Also
- Five stocks we like better than Clover Health Investments
- Stock Market Upgrades: What Are They?
- McDonald’s Stock: Balancing Value and Innovation
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- MarketBeat Week in Review – 6/17 – 6/21
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Sarepta Therapeutics Stock Soars on FDA Approval
Receive News & Ratings for Clover Health Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clover Health Investments and related companies with MarketBeat.com's FREE daily email newsletter.