The market performance of Clover Health Investments Corp has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.63 on 08/09/23, with the lowest value for the same timeframe being $0.61, recorded on 04/22/24.
52-week price history of CLOV Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Clover Health Investments Corp’s current trading price is -62.57% away from its 52-week high, while its distance from the 52-week low is -0.03%. The stock’s price range during this period has fluctuated between $0.61 and $1.63. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.88 million for the day, which was evidently lower than the average daily volume of 9.37 million over the last three months.
Financial Performance and Market Capitalization
Clover Health Investments Corp (CLOV) has experienced a quarterly decline of -35.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 301.09M and boasts a workforce of 552 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8880, with a change in price of -0.3285. Similarly, Clover Health Investments Corp recorded 8,911,819 in trading volume during the last 100 days, posting a change of -34.89%.
CLOV Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CLOV stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
CLOV Stock Stochastic Average
Clover Health Investments Corp’s raw stochastic average for the past 50 days is currently at 1.64%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 3.17%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 6.70% and 6.27%, respectively.
CLOV Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -35.92%.However, over the last six months, we can see a stronger performance of -35.14%. Over the last 30 days, the price of CLOV has leaped by -29.39%. And in the last five days, it has fallen by -4.10%.
