The stock of Sharecare Inc (NASDAQ:SHCR) last traded at $1.43, unchanged from the previous session.
SHCR stock price is now 2.05% away from the 50-day moving average and 30.97% away from the 200-day moving average. The market capitalization of the company currently stands at $531.79M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On July 20, 2022, Morgan Stanley recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $2.50, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, ARNOLD JEFFREY T, Co-Founder and Executive Chair sold 177,085 shares of the company’s stock on Aug 16 ’24. The stock was sold for $244,501 at an average price of $1.38. Upon completion of the transaction, the Co-Founder and Executive Chair now directly owns 4,790,406 shares in the company, valued at $6.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16 ’24, affiliate Jeffrey Arnold bought 177,085 shares of the business’s stock. A total of $244,498 was incurred on buying the stock at an average price of $1.38. A total of 17.07% of the company’s stock is owned by insiders.
During the past 12 months, Sharecare Inc has had a low of $0.48 and a high of $1.44. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.02, and a quick ratio of 2.02. The fifty day moving average price for SHCR is $1.4013 and a two-hundred day moving average price translates $1.091895 for the stock.
The latest earnings results from Sharecare Inc (NASDAQ: SHCR) was released for 2024-06-30. The net profit margin was -33.64% and return on equity was -28.09% for SHCR. The company reported revenue of $94.27 million for the quarter, compared to $110.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.58 percent.
