Clover Health Investments Corp Stock Forecast 2024: Clover Health Investments Corp Is Weak With N/A% N/A

In the latest trading session,, 2.16 million Clover Health Investments Corp (NASDAQ:CLOV) shares changed hands as the company’s beta touched 1.87. With the company’s most recent per share price at $0.64 changed hands at -$0.03 or -3.79% at last look, the market valuation stands at $318.17M. CLOV’s current price is a discount, trading about -154.69% off its 52-week high of $1.63. The share price had its 52-week low at $0.66, which suggests the last value was -3.13% down since then. When we look at Clover Health Investments Corp’s average trading volume, we note the 3-month average coming to 9.51 million.

Clover Health Investments Corp (NASDAQ:CLOV) trade information

Instantly CLOV was in red as seen in intraday trades today. With action -11.67%, the performance over the past five days has been red. The drop to weekly highs of 0.7534 subtracted -3.79% to the stock’s daily price. The company’s shares are showing year-to-date downside of -32.29%, with the 5-day performance at -11.67% in the red. However, in the 30-day time frame, Clover Health Investments Corp (NASDAQ:CLOV) is -11.08% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Clover Health Investments Corp (CLOV) estimates and forecasts

Data shows that the Clover Health Investments Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -36.79% over the past 6 months, a 51.22% in annual growth rate that is considerably higher than the industry average of 19.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -585.84%. The 2024 estimates are for Clover Health Investments Corp earnings to increase by 50.14%, but the outlook for the next 5-year period is at 19.10% per year.