A share price of Sharecare Inc [SHCR] is currently trading at $1.42, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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From an analyst’s perspective:
Sharecare Inc [NASDAQ: SHCR] stock has seen the most recent analyst activity on April 01, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on July 20, 2022, and set its price target to $2.50. On February 11, 2022, Goldman initiated with a Neutral rating and assigned a price target of $4.50 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $11 on August 04, 2021. BTIG Research initiated its recommendation with a Buy and recommended $15 as its price target on July 28, 2021.
Sharecare Inc experienced fluctuations in its stock price throughout the past year between $0.48 and $1.43. Currently, Wall Street analysts expect the stock to reach $3.14 within the next 12 months. Sharecare Inc [NASDAQ: SHCR] shares were valued at $1.42 at the most recent close of the market. An investor can expect a potential return of 121.13% based on the average SHCR price forecast.
Analyzing the SHCR fundamentals
Trailing Twelve Months sales for Sharecare Inc [NASDAQ:SHCR] were 403.73M which represents -14.58% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.34%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.29 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4167 points at the first support level, and at 1.4133 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4267, and for the 2nd resistance point, it is at 1.4333.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sharecare Inc [NASDAQ:SHCR] is 2.02. As well, the Quick Ratio is 2.02, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 1.37.
Transactions by insiders
Recent insider trading involved ARNOLD JEFFREY T, Co-Founder and Executive Chair, that happened on Aug 16 ’24 when 0.18 million shares were sold. affiliate, Jeffrey Arnold completed a deal on Aug 16 ’24 to buy 0.18 million shares. Meanwhile, Chief Accounting Officer Blalock Michael sold 39000.0 shares on Aug 13 ’24.
