After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for MultiPlan Corporation (MPLN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -1.64%, to $1.80. The MultiPlan Corporation has recorded 7,563 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted MultiPlan Announces New Additions to Senior Leadership Team.
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Stocks Info
This NYSE-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $1.83 and fluctuated between $1.8600 as its day high and $1.7300 as its day low. The current market capitalization of MultiPlan Corporation is $1.15B. A total of 0.71 million shares were traded on the day, compared to an average of 1.70M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, MPLN has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 40,761 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 16 SELLs from insiders. Insiders purchased 12,288,516 shares during that period but sold 431,407.
In the most recent transaction, Colaluca Anthony Jr bought 35,000 shares of MPLN for 1.47 per share on Nov 21. After the transaction, the Director now owns 101,287 company shares.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MPLN in the last 3 months, the mean price target is $2.63 with high estimates of $3.00 and low estimates of $2.25. In terms of 52-week highs and lows, MPLN has a high of $3.45 and a low of $0.61.
As of this writing, MPLN has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.06. The company reported an EPS of $0 in the last quarter, which was 100.00% higher than expectations of -$0.06.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MPLN’s latest balance sheet shows that the firm has $185.33M in Cash & Short Term Investments as of fiscal 2021. There were $4.93B in debt and $141.91M in liabilities at the time. Its Book Value Per Share was $2.75, while its Total Shareholder’s Equity was $2.34B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MPLN is Buy with a score of 3.00.
