SelectQuote (NYSE:SLQT) Trading Up 5.7%

SelectQuote, Inc. (NYSE:SLQT) rose 5.7% during mid-day trading on Monday . The company traded as high as $3.93 and last traded at $3.91. Approximately 317,404 shares traded hands during trading, a decline of 60% from the average daily volume of 788,960 shares. The stock had previously closed at $3.70.

SelectQuote Stock Up 13.2 %

The firm has a market cap of $708.78 million, a P/E ratio of -12.50 and a beta of 1.09. The firm’s fifty day moving average is $3.02 and its 200 day moving average is $2.12. The company has a debt-to-equity ratio of 1.87, a quick ratio of 6.34 and a current ratio of 6.34.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. SelectQuote had a negative return on equity of 12.03% and a negative net margin of 4.12%. The company had revenue of $376.40 million during the quarter, compared to analysts’ expectations of $341.80 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. As a group, equities research analysts anticipate that SelectQuote, Inc. will post -0.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SelectQuote

A number of institutional investors have recently modified their holdings of the business. Headlands Technologies LLC bought a new position in SelectQuote during the first quarter worth about $36,000. Public Employees Retirement System of Ohio grew its position in shares of SelectQuote by 882.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 19,946 shares of the company’s stock worth $40,000 after purchasing an additional 17,916 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of SelectQuote during the first quarter worth approximately $40,000. TriaGen Wealth Management LLC raised its position in shares of SelectQuote by 97.6% in the fourth quarter. TriaGen Wealth Management LLC now owns 40,500 shares of the company’s stock valued at $55,000 after buying an additional 20,000 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of SelectQuote by 18.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company’s stock valued at $83,000 after buying an additional 6,555 shares during the period. Institutional investors own 34.59% of the company’s stock.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.