NYSE:SLQT (NYSE:SLQT) Trading Up 5.7%
NYSE:SLQT (NYSE:SLQT) was up 5.7% during mid-day trading on Monday . The company traded as high as $23.96 and last traded at $23.50. Approximately 1,617,897 shares traded hands during trading, an increase of 43% from the average daily volume of 1,133,954 shares. The stock had previously closed at $22.24.
A number of equities analysts have recently issued reports on SLQT shares. Citigroup started coverage on shares of NYSE:SLQT in a research note on Monday, June 15th. They set a “buy” rating and a $32.00 price objective on the stock. Credit Suisse Group decreased their target price on shares of NYSE:SLQT from $38.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, September 8th. ValuEngine raised shares of NYSE:SLQT from a “sell” rating to a “hold” rating in a research report on Wednesday, June 24th. Cantor Fitzgerald initiated coverage on shares of NYSE:SLQT in a research report on Monday, June 15th. They set an “overweight” rating and a $32.00 target price for the company. Finally, Morgan Stanley decreased their target price on shares of NYSE:SLQT from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Thursday, September 10th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $31.10.
The company has a fifty day simple moving average of $19.55. The company has a market capitalization of $3.65 billion and a price-to-earnings ratio of -141.56. The company has a current ratio of 16.08, a quick ratio of 16.08 and a debt-to-equity ratio of 0.57.
About NYSE:SLQT (NYSE:SLQT)
There is no company description available for SelectQuote Inc
Further Reading: Are sell-side analysts objective?
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