In the latest trading session, 1.16 million Clover Health Investments Corp (NASDAQ:CLOV) shares changed hands as the company’s beta touched 1.89. With the company’s most recent per share price at $0.70 changing hands around $0.01 or 1.23% at last look, the market valuation stands at $347.21M. CLOV’s current price is a discount, trading about -132.86% off its 52-week high of $1.63. The share price had its 52-week low at $0.61, which suggests the last value was 12.86% up since then. When we look at Clover Health Investments Corp’s average trading volume, we note the 3-month average coming to 9.19 million.

Clover Health Investments Corp (NASDAQ:CLOV) trade information

Instantly CLOV is in green as seen in intraday trades today. With action 4.37%, the performance over the past five days has been green. The jump to weekly highs of 0.7176 added 1.23% to the stock’s daily price. The company’s shares are showing year-to-date downside of -26.11%, with the 5-day performance at 4.37% in the green. However, in the 30-day time frame, Clover Health Investments Corp (NASDAQ:CLOV) is -3.16% down.

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 -30.34% over the past 6 months, a 51.22% in annual growth rate that is considerably higher than the industry average of 20.40%. Year-over-year growth is forecast to reach -37.30% down from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 321.23M. 3 analysts are of the opinion that Clover Health Investments Corp’s revenue for the current quarter will be 321.13M. The company’s revenue for the corresponding quarters a year ago was 527.77M and 513.63M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -39.10%. The estimates for the next quarter sales put growth at -37.50%.

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.