eHealth, Inc. (NASDAQ:EHTH - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.67 and traded as high as $5.42. eHealth shares last traded at $5.11, with a volume of 264,684 shares traded.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on EHTH. StockNews.com raised eHealth from a "sell" rating to a "hold" rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft lowered their target price on eHealth from $5.00 to $2.00 and set a "hold" rating for the company in a report on Wednesday, August 14th. Finally, Craig Hallum upgraded eHealth from a "hold" rating to a "buy" rating and raised their price objective for the company from $5.00 to $7.00 in a report on Wednesday, November 6th.
Get Our Latest Analysis on eHealth
eHealth Stock Performance
The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $142.82 million, a P/E ratio of -1.69 and a beta of 0.49. The company's fifty day simple moving average is $4.50 and its 200 day simple moving average is $4.67.
Institutional Trading of eHealth
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EHTH. BNP Paribas Financial Markets lifted its holdings in shares of eHealth by 76.7% in the 1st quarter. BNP Paribas Financial Markets now owns 13,323 shares of the financial services provider's stock worth $80,000 after acquiring an additional 5,782 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in eHealth by 4.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 136,127 shares of the financial services provider's stock worth $617,000 after purchasing an additional 5,565 shares in the last quarter. Summit Securities Group LLC acquired a new stake in eHealth during the 2nd quarter valued at approximately $53,000. Los Angeles Capital Management LLC lifted its stake in eHealth by 77.9% during the 2nd quarter. Los Angeles Capital Management LLC now owns 158,171 shares of the financial services provider's stock valued at $717,000 after acquiring an additional 69,246 shares during the period. Finally, ClariVest Asset Management LLC increased its holdings in eHealth by 2.9% in the 2nd quarter. ClariVest Asset Management LLC now owns 99,737 shares of the financial services provider's stock worth $452,000 after acquiring an additional 2,789 shares in the last quarter. 79.54% of the stock is owned by hedge funds and other institutional investors.
About eHealth
(
Get Free Report)
eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.
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