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Clover Health Investments, Corp. (CLOV) Stock Moves -0.2%: What You Should Know
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Clover Health Investments, Corp. (CLOV - Free Report) closed the most recent trading day at $7.39, moving -0.2% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.19%.
Heading into today, shares of the company had lost 12.63% over the past month, lagging the Medical sector's loss of 4.53% and the S&P 500's loss of 3.16% in that time.
CLOV will be looking to display strength as it nears its next earnings release.
It is also important to note the recent changes to analyst estimates for CLOV. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CLOV is holding a Zacks Rank of #4 (Sell) right now.
The Medical Info Systems industry is part of the Medical sector. This group has a Zacks Industry Rank of 199, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Clover Health Investments, Corp. (CLOV) Stock Moves -0.2%: What You Should Know
Clover Health Investments, Corp. (CLOV - Free Report) closed the most recent trading day at $7.39, moving -0.2% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.19%.
Heading into today, shares of the company had lost 12.63% over the past month, lagging the Medical sector's loss of 4.53% and the S&P 500's loss of 3.16% in that time.
CLOV will be looking to display strength as it nears its next earnings release.
It is also important to note the recent changes to analyst estimates for CLOV. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CLOV is holding a Zacks Rank of #4 (Sell) right now.
The Medical Info Systems industry is part of the Medical sector. This group has a Zacks Industry Rank of 199, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.