In the last trading session, 3.91 million shares of the Clover Health Investments Corp (NASDAQ:CLOV) were traded, and its beta was 1.87. Most recently the company’s share price was $0.62, and it changed around -$0.02 or -2.11% from the last close, which brings the market valuation of the company to $307.06M. CLOV currently trades at a discount to its 52-week high of $1.63, offering almost -162.9% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 1.61% since then. We note from Clover Health Investments Corp’s average daily trading volume that its 3-month average coming to 9.37 million.
Clover Health Investments Corp (NASDAQ:CLOV) trade information
Instantly CLOV has showed a red trend with a performance of -2.11% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -34.65% year-to-date, but still down -2.20% over the last five days. On the other hand, Clover Health Investments Corp (NASDAQ:CLOV) is -27.99% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $1.8, which translates to bulls needing to increase their stock price by 65.56% from its current value. Analyst projections state that CLOV is forecast to be at a low of $1.8 and a high of $1.8.
Clover Health Investments Corp (CLOV) estimates and forecasts
Clover Health Investments Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -33.86 percent over the past six months and at a 51.22% annual growth rate that is well above the industry average of 20.30%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -585.84%. Clover Health Investments Corp earnings are expected to increase by 50.14% in 2024, but the outlook is positive 19.10% per year for the next five years.
CLOV Dividends
Clover Health Investments Corp’s next quarterly earnings report is expected to be released in May.
