The company provides health insurance products and services in the United States.
The company offers various insurance plans for individuals, families, and employees.
The company also provides digital services for doctors, virtual care, technical support for the treating physician, appointment scheduling, etc. The company was founded in 2012.
Note: From 08.24.21 to 08.27.21, company insiders bought $44 million in stock! (documentation attached).
However, it is also important to note the following: The company is a growth company that has not yet managed to generate net income – net income has been negative for several years.
This is also reflected in the company's chart over the years.
It can be seen that the stock was in negative momentum and lost nearly 60% since March 2021.
(The company has only been trading for a few months, the company was previously called Health Inc)
Analyst coverage: 1. On 08.31.21, a Morgan Stanley analyst gives a price target of $26, an upside of about 70%.
Technical analysis for swing trading: Current price: $15.59. My first target: $18.5. My second target: $20.70.
Market cap: $3.2 billion. Debt-to-equity ratio: 0.90. Risk level: medium/high. Company name: Oscar Health.
Anyone using this information does so at their own personal risk.