Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Clover Health Investments Corp’s current trading price is -27.49% away from its 52-week high, while its distance from the 52-week low is 463.53%. The stock’s price range over this period has fluctuated between $0.61 and $4.71. The company, operating within the financial sector, had a trading volume of approximately 3.05 million for the day, which was noticeably lower than the average daily share volume of 6.22 million over the last 3 months.
Clover Health Investments Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $4.71 on 10/17/24, while the lowest value for the same period was recorded at $0.61 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Clover Health Investments Corp (CLOV) has experienced a quarterly decline of -7.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.71B and boasts a workforce of 552 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.35, with a change in price of +0.91. Similarly, Clover Health Investments Corp recorded 7,793,977 in trading volume during the last 100 days, posting a change of +36.45%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CLOV stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
CLOV Stock Stochastic Average
Today, Clover Health Investments Corp’s raw stochastic average for the past 50 days stands at 30.65%, indicating a decline from the raw stochastic average of the last 20 days, which was 91.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 76.70% and 57.93% respectively.
CLOV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 8.41% this year. Over the last six months, there has been a weaker performance of 154.85%. The price of CLOV leaped by -0.15% during the last 30 days period. For the last 5-days stocks have improved 7.05%.
