Clover Health Investments, Corp. (NASDAQ:CLOV – Get Free Report) shares rose 5.9% on Tuesday . The company traded as high as $1.88 and last traded at $1.88. Approximately 258,196 shares were traded during trading, a decline of 97% from the average daily volume of 7,410,970 shares. The stock had previously closed at $1.77.
Clover Health Investments Trading Up 7.9 %
The stock’s fifty day moving average is $1.27 and its two-hundred day moving average is $0.99.
Clover Health Investments (NASDAQ:CLOV – Get Free Report) last released its quarterly earnings results on Tuesday, May 7th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $346.92 million during the quarter, compared to analyst estimates of $316.10 million. Clover Health Investments had a negative net margin of 8.63% and a negative return on equity of 48.07%. Equities analysts anticipate that Clover Health Investments, Corp. will post -0.21 earnings per share for the current year.
Institutional Inflows and Outflows
About Clover Health Investments
Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.
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