Clover Health Investments Stock Today

CLOV Stock  USD 3.48  0.06  1.75%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Clover Health is selling for under 3.48 as of the 30th of November 2024; that is 1.75% increase since the beginning of the trading day. The stock's lowest day price was 3.44. Clover Health has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Clover Health Investments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
2nd of January 2001
Category
Healthcare
Classification
Health Care
Clover Health Investments, Corp. operates as a medicare advantage insurer in the United States. Clover Health Investments, Corp. was incorporated in 2014 and is based in Franklin, Tennessee. Clover Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. The company has 412.08 M outstanding shares of which 16.44 M shares are currently shorted by private and institutional investors with about 1.99 trading days to cover. More on Clover Health Investments

Moving against Clover Stock

  0.68EHAB EnhabitPairCorr
  0.6CI Cigna CorpPairCorr
  0.47EDAP EDAP TMS SAPairCorr
  0.41VERO Venus ConceptPairCorr
  0.38VVOS Vivos TherapeuticsPairCorr
  0.31GH Guardant HealthPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Clover Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CoFounder ChairmanVivek Garipalli
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, Karachi All Share, NASDAQ Health Care, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover3.393.5637
Notably Down
Pretty Stable
Total Current Liabilities237.5 M261.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total27.1 M23.2 M
Fairly Up
Slightly volatile
Total Assets571.4 M570.7 M
Slightly Up
Slightly volatile
Total Current Assets384.2 M428 M
Moderately Down
Slightly volatile
Debt Levels
Clover Health can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clover Health's financial leverage. It provides some insight into what part of Clover Health's total assets is financed by creditors.
Liquidity
Clover Health Investments currently holds 4.66 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Clover Health Investments has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Clover Health's use of debt, we should always consider it together with its cash and equity.

Change To Operating Activities

82.22 Million
Clover Health Investments (CLOV) is traded on NASDAQ Exchange in USA. It is located in 3401 Mallory Lane, Franklin, TN, United States, 37067 and employs 552 people. Clover Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.71 B. Clover Health Investments conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 412.08 M outstanding shares of which 16.44 M shares are currently shorted by private and institutional investors with about 1.99 trading days to cover. Clover Health Investments currently holds about 711.78 M in cash with (115.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49.
Check Clover Health Probability Of Bankruptcy
Ownership Allocation
Clover Health holds a total of 412.08 Million outstanding shares. Clover Health Investments shows 5.33 percent of its outstanding shares held by insiders and 20.15 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Clover Ownership Details

Clover Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
1.3 M
State Street Corp2024-06-30
1.3 M
Gmt Capital Corp2024-06-30
1.3 M
Jane Street Group Llc2024-06-30
1.2 M
Northern Trust Corp2024-09-30
935.9 K
Swiss National Bank2024-09-30
754.4 K
Aqr Capital Management Llc2024-06-30
729.7 K
Goldman Sachs Group Inc2024-06-30
716.3 K
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
642.2 K
Vanguard Group Inc2024-09-30
19.2 M
Renaissance Technologies Corp2024-09-30
12.5 M
View Clover Health Diagnostics

Clover Health Historical Income Statement

At this time, Clover Health's Selling General Administrative is fairly stable compared to the past year. Gross Profit is likely to climb to about 270.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.8 B in 2024. View More Fundamentals

Clover Stock Against Markets

Clover Health Corporate Management

Additional Tools for Clover Stock Analysis

When running Clover Health's price analysis, check to measure Clover Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.