Analysts Mean recommendation for Castlight Health Inc. (CSLT) was 2.50: Is this the key time?

At the end of the latest market close, Castlight Health Inc. (CSLT) was valued at $1.25. In that particular session, Stock kicked-off at the price of $1.19 while reaching the peak value of $1.28 and lowest value recorded on the day was $1.19. The stock current value is $1.39.

Recently in News on August 26, 2020, Brian Marcotte Joins Castlight Health as New Advisor. Former President & CEO of Business Group on Health to Help Accelerate Growth. You can read further details here

Castlight Health Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.6300 on 01/14/20, with the lowest value was $0.6000 for the same time period, recorded on 03/09/20.

Castlight Health Inc. (CSLT) full year performance was -10.71%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Castlight Health Inc. shares are logging -22.35% during the 52-week period from high price, and 131.67% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.60 and $1.79.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 792034 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Castlight Health Inc. (CSLT) recorded performance in the market was -6.02%, having the revenues showcasing 62.34% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 185.34M, as it employees total of 463 workers.

Specialists analysis on Castlight Health Inc. (CSLT)

During the last month, 0 analysts gave the Castlight Health Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.8774, with a change in the price was noted +0.6500. In a similar fashion, Castlight Health Inc. posted a movement of +94.20% for the period of last 100 days, recording 1,168,927 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CSLT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Trends and Technical analysis: Castlight Health Inc. (CSLT)

Raw Stochastic average of Castlight Health Inc. in the period of last 50 days is set at 86.08%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.06%. In the last 20 days, the company’s Stochastic %K was 80.63% and its Stochastic %D was recorded 75.15%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -6.02%. Additionally, trading for the stock in the period of the last six months notably improved by 26.26%, alongside a downfall of -10.71% for the period of the last 12 months. The shares increased approximately by -0.79% in the 7-day charts and went down by 5.04% in the period of the last 30 days. Common stock shares were driven by 62.34% during last recorded quarter.