GoHealth Inc. (NASDAQ:GOCO) The stock’s Relative Strength Index (RSI) is 41.06, with weekly volatility at 6.02% and ATR at 0.49. The GOCO stock’s 52-week price range has touched low of $9.82 and a $26.25 high. Its shares traded lower over the last trading session, losing -1.04% on 05/14/21. The shares fell to a low of $11.165 before closing at $11.44. Intraday shares traded counted 3.17 million, which was -82.43% lower than its 30-day average trading volume of 1.74M. GOCO’s previous close was $11.56 while the outstanding shares total 321.18M.
Investors have identified the Insurance Brokers company GoHealth Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.64 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
GoHealth Inc. (GOCO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GOCO, the company has in raw cash 144.23 million on their books with 4.17 million currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 391.82 million total, with 127.37 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.07 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GOCO sounds very interesting.
Is the stock of GOCO attractive?
In related news, Chief Operating Officer, Cruz Shane E. sold 75,000 shares of the company’s stock in a transaction that recorded on Apr 26. The sale was performed at an average price of 12.17, for a total value of 912,848. As the sale deal closes, the Chief Strategy Officer, Cruz Brandon M. now bought 178,000 shares of the company’s stock, valued at 2,025,462. Also, Chief Executive Officer, Jones Clinton P. bought 178,000 shares of the company’s stock in a deal that was recorded on Mar 16. The shares were price at an average price of 11.38 per share, with a total market value of 2,025,462. Following this completion of acquisition, the Director, Pramoda Anita now holds 10,370 shares of the company’s stock, valued at 103,596. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
8 out of 10 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on GoHealth Inc.. 0 analysts has assigned a Sell rating on the GOCO stock. The 12-month mean consensus price target for the company’s shares has been set at $18.50.