We Just Learned Something New About eHealth Inc (NASDAQ: EHTH) This Week With Its 9.02% Gain

During the last session, eHealth Inc (NASDAQ:EHTH)’s traded shares were 0.31 million, with the beta value of the company hitting 0.32. At the end of the trading day, the stock’s price was $9.55, reflecting an intraday gain of 7.06% or $0.63. The 52-week high for the EHTH share is $9.45, that puts it up 1.05 from that peak though still a striking 62.51% gain since the share price plummeted to a 52-week low of $3.58. The company’s market capitalization is $283.00M, and the average intraday trading volume over the past 10 days was 0.41 million shares, and the average trade volume was 241.48K shares over the past three months.

eHealth Inc (EHTH) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.60. EHTH has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

eHealth Inc (NASDAQ:EHTH) trade information

eHealth Inc (EHTH) registered a 7.06% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.06% in intraday trading to $9.55, hitting a weekly high. The stock’s 5-day price performance is 9.02%, and it has moved by 68.43% in 30 days. Based on these gigs, the overall price performance for the year is 18.63%. The short interest in eHealth Inc (NASDAQ:EHTH) is 0.3 million shares and it means that shorts have 1.81 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.5, which implies a decrease of -112.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $7 respectively. As a result, EHTH is trading at a premium of 26.7% off the target high and 79.06% off the low.

eHealth Inc (EHTH) estimates and forecasts

Statistics show that eHealth Inc has underperformed its competitors in share price, compared to the industry in which it operates. eHealth Inc (EHTH) shares have gone up 117.05% during the last six months, with a year-to-date growth rate less than the industry average at 4.29% against 19.30.

While earnings are projected to return 97.41% in 2025.

EHTH Dividends

eHealth Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

eHealth Inc (NASDAQ:EHTH)’s Major holders

eHealth Inc insiders own 5.53% of total outstanding shares while institutional holders control 61.08%, with the float percentage being 64.66%. 8 KNOTS MANAGEMENT, LLC is the largest shareholder of the company, while 121.0 institutions own stock in it. As of 2024-06-30, the company held over 2.4 million shares (or 8.2879% of all shares), a total value of $10.85 million in shares.

The next largest institutional holding, with 2.35 million shares, is of PALO ALTO INVESTORS LP’s that is approximately 8.1288% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.65 million.