Clover Health Investments Corp (NASDAQ:CLOV) At $1.09: What To Do?

In recent trading session, Clover Health Investments Corp (NASDAQ:CLOV) saw 2.4 million shares changing hands at last check today with its beta currently measuring 2.09. Company’s recent per share price level of $1.09 trading at $0.06 or 5.83% at last check today assigns it a market valuation of $541.12M. That most recent trading price of CLOV’s stock is at a discount of -49.54% from its 52-week high price of $1.63 and is indicating a premium of 44.04% from its 52-week low price of $0.61. Taking a look at company’s average trading volume volume of 7.53 million if we extend that period to 3-months.

Clover Health Investments Corp (NASDAQ:CLOV) trade information

Upright in the green today for gaining 5.83%, in the last five days CLOV remained trading in the red while hitting it’s week-highest on Friday, 06/14/24 when the stock touched $1.09 price level, adding 3.54% to its value on the day. Clover Health Investments Corp’s shares saw a change of 14.48% in year-to-date performance and have moved -0.91% in past 5-day. Clover Health Investments Corp (NASDAQ:CLOV) showed a performance of 15.12% in past 30-days.

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Clover Health Investments Corp (CLOV) estimates and forecasts

Statistics highlight that Clover Health Investments Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 11.49% of value to its shares in past 6 months, showing an annual growth rate of 48.78% while that of industry is 17.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

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 -585.84% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 53.65% while estimates for its earnings growth in next 5 years are of 19.10%.

CLOV Dividends

Clover Health Investments Corp is more likely to be releasing its next quarterly report in July 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.