Sharecare, Inc. (NASDAQ:SHCR – Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 11,790,000 shares, an increase of 71.9% from the March 31st total of 6,860,000 shares. Based on an average trading volume of 1,840,000 shares, the short-interest ratio is currently 6.4 days. Currently, 4.2% of the company’s stock are sold short.
Sharecare Trading Up 9.0 %
Shares of NASDAQ:SHCR opened at $0.81 on Friday. The company has a market capitalization of $290.44 million, a PE ratio of -2.19 and a beta of 0.26. Sharecare has a 12-month low of $0.48 and a 12-month high of $1.80. The business’s fifty day simple moving average is $0.85 and its 200-day simple moving average is $0.98.
Sharecare (NASDAQ:SHCR – Get Free Report) last posted its earnings results on Thursday, March 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The company had revenue of $105.28 million during the quarter, compared to analysts’ expectations of $113.88 million. Sharecare had a negative net margin of 28.86% and a negative return on equity of 17.11%. Research analysts predict that Sharecare will post -0.21 EPS for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on SHCR shares. BTIG Research lowered shares of Sharecare from a “buy” rating to a “neutral” rating in a report on Monday, April 1st. Morgan Stanley cut their price objective on shares of Sharecare from $1.50 to $1.00 and set an “equal weight” rating on the stock in a report on Monday, April 15th.
About Sharecare
Sharecare, Inc operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being. The company offers enterprise solutions based on a software-as-a-service model that allows enterprise clients to message, motivate, and manage their populations, as well as measure their population progress; a suite of data and information-driven solutions; and life sciences solutions, which provides members with personalized information, programs, and resources to enhance their health and well-being.
Featured Articles
- Five stocks we like better than Sharecare
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Stocks Leading the U.S. Agriculture Comeback
- How to Start Investing in Real Estate
- How to Use Put Debit Spreads to Profit From Falling Stocks
- ETF Screener: Uses and Step-by-Step Guide
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Sharecare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sharecare and related companies with MarketBeat.com's FREE daily email newsletter.