At the end of the latest market close, Evolent Health Inc. (EVH) was valued at $33.14. In that particular session, Stock kicked-off at the price of $33.05 while reaching the peak value of $33.20 and lowest value recorded on the day was $29.31. The stock current value is $29.32.Recently in News on October 6, 2021, WindRose Health Investors Completes the Sale of Vital Decisions to Evolent Health. WindRose Health Investors, LLC (“WindRose”), the New York-based healthcare private equity firm, announced today that it has completed the sale of Vital Decisions, LLC (“Vital Decisions” or the “Company”) to Evolent Health, Inc. (“Evolent Health”). Vital Decisions will report into Evolent’s specialty management offering, New Century Health, and will be consolidated into Evolent’s Clinical Solutions segment. You can read further details here
Evolent Health Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $34.60 on 10/08/21, with the lowest value was $15.80 for the same time period, recorded on 01/04/21.
Evolent Health Inc. (EVH) full year performance was 154.51%
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, Evolent Health Inc. shares are logging -15.26% during the 52-week period from high price, and 210.59% 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 $9.44 and $34.60.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1791996 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Evolent Health Inc. (EVH) recorded performance in the market was 82.91%, having the revenues showcasing 31.72% 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 2.44B, as it employees total of 2900 workers.
Specialists analysis on Evolent Health Inc. (EVH)
During the last month, 0 analysts gave the Evolent 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 23.62, with a change in the price was noted +9.32. In a similar fashion, Evolent Health Inc. posted a movement of +46.60% for the period of last 100 days, recording 680,450 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 EVH is recording 0.38 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.34.
Trends and Technical analysis: Evolent Health Inc. (EVH)
Raw Stochastic average of Evolent Health Inc. in the period of last 50 days is set at 58.49%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 42.51%. In the last 20 days, the company’s Stochastic %K was 70.82% and its Stochastic %D was recorded 84.10%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 82.91%. Additionally, trading for the stock in the period of the last six months notably improved by 42.19%, alongside a boost of 154.51% for the period of the last 12 months. The shares increased approximately by -9.03% in the 7-day charts and went down by 11.70% in the period of the last 30 days. Common stock shares were driven by 31.72% during last recorded quarter.