Oscar Health (OSCR) Stock Surges Amidst Financial Performance Review

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Jan 22, 2025
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Oscar Health, Inc. (OSCR, Financial) experienced a significant stock price increase of 5.05%. The stock is currently valued at $16.44 per share with a trading volume of 1.59226 million shares and a turnover rate of 0.64%. The stock's volatility stands at 4.92%.

Recent financial reports show Oscar Health generated $2.423 billion in revenue, with a net loss of $54.60 million, resulting in an earnings per share of -$0.22. The company’s price-to-earnings ratio is notably high at -820.75.

Among the eight institutions rating the stock, 63% recommend buying, 13% suggest holding, and 24% advise selling. Within the healthcare sector, where Oscar Health operates, the overall decline was 0.78%. However, Oscar Health, Molina Healthcare, and Clover Health Investments, Corp. saw notable gains. Oscar Health and Clover Health Investments, Corp. also showed significant trading activity with turnover rates of 0.64% and 0.87%, respectively.

Oscar Health, Inc. is a health insurance company offering various plans for individuals, families, and employees, including virtual care and doctor support. The company also provides Medicare Advantage plans for eligible adults over 65 who opt for private market insurance.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.