In last trading session, Cue Health Inc (NASDAQ:HLTH) saw 0.37 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $0.14 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $22.27M. That closing price of HLTH’s stock is at a discount of -585.71% from its 52-week high price of $0.96 and is indicating a premium of 7.14% from its 52-week low price of $0.13. Taking a look at company’s average trading volume volume of 521.25K if we extend that period to 3-months.
Cue Health Inc (NASDAQ:HLTH) trade information
In the last five days HLTH remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.14 price level, adding 7.28% to its value on the day. Cue Health Inc’s shares saw a change of -13.85% in year-to-date performance and have moved -0.71% in past 5-day. Cue Health Inc (NASDAQ:HLTH) showed a performance of -21.52% in past 30-days.
Cue Health Inc (HLTH) estimates and forecasts
Statistics highlight that Cue Health Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -53.33% of value to its shares in past 6 months, showing an annual growth rate of 53.69% while that of industry is 20.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -19.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.1M for the same. And 2 analysts are in estimates of company making revenue of 9.55M in the next quarter. Company posted 24.77M and 9.9M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -103.84% during past 5 years.
HLTH Dividends
Cue Health Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
