The stock of Oscar Health Inc (NYSE:OSCR) last traded at $17.99, down -2.39% from the previous session.
OSCR stock price is now 4.14% away from the 50-day moving average and 3.15% away from the 200-day moving average. The market capitalization of the company currently stands at $4.45B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $21 to $13.50, BofA Securities Downgraded its rating from Neutral to Underperform for Oscar Health Inc (NYSE: OSCR). On October 07, 2024, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $23, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Wolin Steven, Chief Operating Officer sold 19,580 shares of the company’s stock on Dec 02 ’24. The stock was sold for $353,955 at an average price of $18.08. Upon completion of the transaction, the Chief Operating Officer now directly owns 102,598 shares in the company, valued at $1.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, President of Technology & CTO Schlosser Mario sold 6,516 shares of the business’s stock. A total of $117,792 was realized by selling the stock at an average price of $18.08. This leaves the insider owning 81,962 shares of the company worth $1.47 million. A total of 29.84% of the company’s stock is owned by insiders.
During the past 12 months, Oscar Health Inc has had a low of $7.50 and a high of $23.79. The fifty day moving average price for OSCR is $17.362 and a two-hundred day moving average price translates $17.4401 for the stock.
The latest earnings results from Oscar Health Inc (NYSE: OSCR) was released for 2024-09-30. The net profit margin was 0.35% and return on equity was 2.78% for OSCR. The company reported revenue of $2.42 billion for the quarter, compared to $1.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 68.3 percent.
