eHealth, Inc. (NASDAQ:EHTH – Get Rating) was the goal of a major improve briefly curiosity within the month of December. As of December fifteenth, there was quick curiosity totalling 1,070,000 shares, a rise of 18.4% from the November thirtieth complete of 903,400 shares. Primarily based on a median day by day buying and selling quantity, of 756,300 shares, the short-interest ratio is at present 1.4 days. Roughly 4.3% of the shares of the corporate are quick bought.
eHealth Inventory Up 0.4 %
Shares of NASDAQ EHTH traded up $0.02 throughout buying and selling on Friday, hitting $4.84. The corporate had a buying and selling quantity of 307,028 shares, in comparison with its common quantity of 640,458. eHealth has a 52 week low of $2.67 and a 52 week excessive of $27.89. The enterprise’s 50-day transferring common is $3.84 and its 200 day transferring common is $5.74. The corporate has a debt-to-equity ratio of 0.10, a present ratio of 5.83 and a fast ratio of 5.83.
eHealth (NASDAQ:EHTH – Get Rating) final posted its quarterly earnings outcomes on Monday, November seventh. The monetary companies supplier reported ($1.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.94) by $0.63. The corporate had income of $53.38 million for the quarter, in comparison with analysts’ expectations of $48.73 million. eHealth had a unfavourable return on fairness of 13.64% and a unfavourable web margin of 31.28%. Throughout the identical quarter within the prior 12 months, the corporate earned ($1.96) earnings per share. As a gaggle, analysis analysts forecast that eHealth will submit -3.52 EPS for the present 12 months.
Analyst Rankings Modifications
A number of equities analysts have just lately issued studies on the corporate. Deutsche Financial institution Aktiengesellschaft lowered their worth goal on eHealth from $10.00 to $4.00 in a analysis report on Wednesday, November ninth. Craig Hallum raised eHealth from a “maintain” ranking to a “purchase” ranking and set a $6.00 goal worth on the inventory in a report on Thursday, December 1st. Citigroup dropped their goal worth on eHealth from $9.00 to $4.50 in a report on Tuesday, November fifteenth. StockNews.com raised eHealth from a “promote” ranking to a “maintain” ranking in a report on Saturday, December twenty fourth. Lastly, Truist Monetary dropped their goal worth on eHealth from $8.00 to $3.00 in a report on Tuesday, November eighth. Six analysts have rated the inventory with a maintain ranking and one has issued a purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the inventory at present has a median ranking of “Maintain” and a consensus goal worth of $8.50.
Insider Transactions at eHealth
In different eHealth information, CEO Francis S. Soistman, Jr. acquired 80,000 shares of eHealth inventory in a transaction dated Tuesday, November twenty second. The inventory was acquired at a median value of $3.08 per share, for a complete transaction of $246,400.00. Following the completion of the transaction, the chief govt officer now owns 428,515 shares within the firm, valued at roughly $1,319,826.20. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Insiders personal 5.00% of the corporate’s inventory.
Institutional Buying and selling of eHealth
A number of massive traders have just lately added to or lowered their stakes within the firm. PNC Monetary Companies Group Inc. raised its stake in eHealth by 50.6% through the 1st quarter. PNC Monetary Companies Group Inc. now owns 3,692 shares of the monetary companies supplier’s inventory valued at $45,000 after buying a further 1,241 shares through the interval. State of Tennessee Treasury Division raised its stake in eHealth by 17.9% through the 1st quarter. State of Tennessee Treasury Division now owns 8,847 shares of the monetary companies supplier’s inventory valued at $110,000 after buying a further 1,341 shares through the interval. Citigroup Inc. raised its stake in eHealth by 7.1% through the 1st quarter. Citigroup Inc. now owns 20,760 shares of the monetary companies supplier’s inventory valued at $258,000 after buying a further 1,378 shares through the interval. Cetera Advisor Networks LLC raised its stake in eHealth by 11.4% through the 2nd quarter. Cetera Advisor Networks LLC now owns 16,823 shares of the monetary companies supplier’s inventory valued at $157,000 after buying a further 1,718 shares through the interval. Lastly, Sei Investments Co. raised its stake in eHealth by 3.3% through the 1st quarter. Sei Investments Co. now owns 77,861 shares of the monetary companies supplier’s inventory valued at $947,000 after buying a further 2,509 shares through the interval. 70.49% of the inventory is owned by institutional traders and hedge funds.
eHealth, Inc operates a medical health insurance market that gives shopper engagement, training, and medical health insurance enrollment options in the US. The corporate operates in two segments, Medicare; and Particular person, Household and Small Enterprise. Its ecommerce platforms manage and current medical health insurance data in varied codecs that allow people, households, and small companies to analysis, analyze, evaluate, and buy a spread of medical health insurance plans.
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