NeueHealth, Inc. (NYSE:NEUE – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 3,500 shares, a decrease of 39.7% from the May 15th total of 5,800 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 18,700 shares, the days-to-cover ratio is presently 0.2 days.
NeueHealth Price Performance
Shares of NYSE:NEUE traded down $0.04 on Monday, hitting $6.81. The company’s stock had a trading volume of 1,746 shares, compared to its average volume of 20,254. The company has a market capitalization of $60.80 million, a PE ratio of -0.13 and a beta of 0.55. The company has a 50-day simple moving average of $6.71 and a 200 day simple moving average of $6.65. NeueHealth has a 1 year low of $3.79 and a 1 year high of $7.66.
NeueHealth (NYSE:NEUE – Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($1.80) EPS for the quarter, beating analysts’ consensus estimates of ($2.51) by $0.71. The business had revenue of $215.79 million for the quarter, compared to analysts’ expectations of $249.50 million. NeueHealth had a negative return on equity of 6.40% and a negative net margin of 36.28%. On average, equities research analysts expect that NeueHealth will post -9.13 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NeueHealth
NeueHealth Company Profile
NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.
Further Reading
- Five stocks we like better than NeueHealth
- Stock Splits, Do They Really Impact Investors?
- Palantir Defies Bears, Leads S&P 500 in 2025
- Large Cap Stock Definition and How to Invest
- Why Analysts Are Bullish on Celsius Stock After 30% Drop
- Election Stocks: How Elections Affect the Stock Market
- AST SpaceMobile’s Star Is Rising: Get in While It’s Still Cheap!
Receive News & Ratings for NeueHealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeueHealth and related companies with MarketBeat.com's FREE daily email newsletter.