Shocking Stock: eHealth, Inc. (NASDAQ: EHTH)

On Tuesday, eHealth, Inc. stock identified modification of 111.68% away from 52-week low cost and recently situated move of -40.73% off 52-week high rate. It has market worth of $1517.09 M. EHTH stock has been taped -9.58% away from 50 day moving average and -6.62% far from 200 day moving average. Moving closer, we can see that shares have actually been trading 12.25% off 20-day moving average.

eHealth, Inc. (EHTH) reported recently its financial results for the third quarter ended September 30, 2019.

GAAP– Third Quarter of 2019 Results

Area Profit (Loss)– Loss from our Medicare section was $ 11.0 M for the 3rd quarter of 2019, contrast to an earnings of $ 0.5 M for the third quarter of 2018. Make money from our Individual, Family and Small Business area was $ 3.8 M for the third quarter of 2019, contrast to a loss of $ 0.6 M for the 3rd quarter of 2018.

Income– Revenue for the third quarter of 2019 amounted to $ 69.9 M, a 72% boost contrast to $ 40.8 M for the third quarter of 2018. Commission revenue for the third quarter of 2019 totaled $ 59.8 M, a 78% boost contrast to $ 33.6 M for the third quarter of 2018. Other profits for the 3rd quarter of 2019 was $ 10.2 M, a 42% increase contrast to $ 7.1 M for the third quarter of 2018.

Gain From Income Taxes– Benefit from earnings taxes for the third quarter of 2019 was $ 8.6 M contrast to gain from earnings taxes of $ 6.2 M for the 3rd quarter of 2018.

Revenue from our Medicare section was $ 57.2 M for the 3rd quarter of 2019, a 75% boost contrast to $ 32.7 M for the 3rd quarter of 2018. Profits from our Individual, Family and Small Business area was $ 12.7 M for the 3rd quarter of 2019, a 59% increase contrast to $ 8.0 M for the 3rd quarter of 2018.

On Tuesday, eHealth, Inc. stock identified change of 111.68% away from 52-week low rate and recently situated relocation of -40.73% off 52-week high rate. It has market worth of $1517.09 M. EHTH stock has been recorded -9.58% away from 50 day moving average and -6.62% away from 200 day moving average. Moving better, we can see that shares have actually been trading 12.25% off 20-day moving average.

Loss from Operations– Loss from operations for the 3rd quarter of 2019 was $ 20.2 M contrast to loss from operations of $ 15.5 M for the 3rd quarter of 2018. Operating margin was (29 )% for the third quarter of 2019 contrast to (38 )% for the 3rd quarter of 2018.

Bottom Line– Net loss for the 3rd quarter of 2019 was $ 11.0 M, or $ 0.47 net loss per diluted share, contrast to bottom line of $ 9.0 M, or $ 0.47 bottom line per diluted share, for the third quarter of 2018. Net loss for the third quarter of 2019 consisted of a non-cash gain of $ 5.4 M associated to a decrease in fair worth of the earnout liability assumed in connection with eHealths acquisition of GoMedigap. The decrease was driven mostly by eHealths share price decrease during the quarter. The share price devaluation has decreased the worth of the equity-based part of the earnout factor to consider owed to the former holders of GoMedigap equity interests.

The stock observed return of 10.10% in 5 days trading activity. The typical volatility for the week at 8.14% and for month was at 6.89%.

The stock observed return of 10.10% in 5 days trading activity. The stock was at -0.42% over one month efficiency. The average volatility for the week at 8.14% and for month was at 6.89%.

Pre-tax Loss– Pre-tax loss for the third quarter of 2019 was $ 19.7 M contrast to pre-tax loss of $ 15.2 M for the third quarter of 2018.

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Salvatore Lee

Salvatore Lee – Healthcare I am Salvatore Lee I have completed my bachelor’s degree in Information Technology and a master’s degree in Business. I love to write about the stock market. I had three years of writing experience which include articles, web content, and blogs. I always love to play with work, in both my career and education.  I also had teaching experience of 5 years at the renowned university to teach business and technical writing and currently working as an instructor and training writer and designer. I am incredibly social, and I love to travel and explore the world.

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