The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 20.00%.However, over the last six months, we can see a weaker performance of 150.33%. Over the last 30 days, the price of CLOV has fallen by 19.24%. And in the last five days, it has surged by 14.89%.
Clover Health Investments Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $4.71 on 10/17/24 and the lowest value was $0.61 on 04/22/24.
52-week price history of CLOV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Clover Health Investments Corp’s current trading price is -19.75% away from its 52-week high, while its distance from the 52-week low is 523.76%. The stock’s price range during this period has varied between$0.61 and $4.71. The Clover Health Investments Corp’s shares, which operate in the Healthcare, saw a trading volume of around 6.02 million for the day, a figure considerably lower than their average daily volume of 6.18 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Clover Health Investments Corp (CLOV) has experienced a quarterly decline of -4.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.89B and boasts a workforce of 552 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.38, with a change in price of +0.61. Similarly, Clover Health Investments Corp recorded 7,438,319 in trading volume during the last 100 days, posting a change of +19.11%.
CLOV’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Clover Health Investments Corp’s raw stochastic average for the past 50 days is presently 54.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 84.62%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.98% and 91.98%, respectively.
