Clover Health Investments (CLOV) Expected to Announce Quarterly Earnings on Thursday

Clover Health Investments (NASDAQ:CLOV) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $347.41 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Clover Health Investments Trading Down 5.0 %

Shares of NASDAQ CLOV opened at $4.18 on Tuesday. The firm has a 50 day moving average of $3.96 and a 200 day moving average of $3.54. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -20.90 and a beta of 1.98. Clover Health Investments has a 12-month low of $0.61 and a 12-month high of $4.87.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum initiated coverage on shares of Clover Health Investments in a research report on Tuesday, December 17th. They issued a “buy” rating and a $6.00 price target for the company.

About Clover Health Investments

Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.