In the last trading session, 5.48 million Clover Health Investments Corp (NASDAQ:CLOV) shares changed hands as the company’s beta touched 1.96. With the company’s per share price at $3.60 changed hands at $0.05 or 1.41% during last session, the market valuation stood at $1.83B. CLOV’s last price was a discount, traded about -35.28% off its 52-week high of $4.87. The share price had its 52-week low at $0.86, which suggests the last value was 76.11% up since then.
Analysts gave the Clover Health Investments Corp (CLOV) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CLOV as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Clover Health Investments Corp (NASDAQ:CLOV) trade information
Instantly CLOV was in green as seen at the end of in last trading. With action 3.75%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 14.29%, with the 5-day performance at 3.75% in the green.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 40.0% from its current market value. According to analyst projections, CLOV’s forecast low is 6 with 6 as the target high. To hit the forecast high, the stock’s price needs a -66.67% plunge from its current level, while the stock would need to soar -66.67% for it to hit the projected low.
Clover Health Investments Corp (CLOV) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -237.67%. The 2025 estimates are for Clover Health Investments Corp earnings to increase by 36.85%.
Clover Health Investments Corp (NASDAQ:CLOV)’s Major holders
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 2.3123% or 11.27 million shares worth $13.86 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 10.96 shares estimated at $39.45 million under it, the former controlled 2.63% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.49% of the shares, roughly 6.22 shares worth around $22.38 million.
