EHTH Stock Summary and Trading Ideas (Ehealth | NASDAQ:EHTH)

eHealth Inc is a company involved in private health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. The company operates its business in two segments: Medicare and Employer and Individual. It derives maximum revenue from Medicare Segment. All of the company's revenue is from the United States. It also has a presence in China.

Ehealth trades on the NASDAQ stock market under the symbol EHTH.

As of April 18, 2024, EHTH stock price climbed to $4.61 with 524,716 million shares trading.

EHTH has a beta of 0.57, meaning it tends to be less sensitive to market movements. EHTH has a correlation of 0.01 to the broad based SPY ETF.

EHTH has a market cap of $130.76 million. This is considered a Micro Cap stock.

Last quarter Ehealth reported $248 million in Revenue and $1.27 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.57.

In the last 3 years, EHTH stock traded as high as $78.00 and as low as $2.67.

The top ETF exchange traded funds that EHTH belongs to (by Net Assets): VTI, IWM, VXF, IWN, DFAT.

EHTH has underperformed the market in the last year with a price return of -47.1% while the SPY ETF gained +22.3%. EHTH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -34.0% and -18.7%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

EHTH support price is $4.13 and resistance is $4.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EHTH stock will trade within this expected range on the day.