SelectQuote (NYSE:SLQT) Stock Price Down 4%

SelectQuote, Inc. (NYSE:SLQT) fell 4% on Friday . The company traded as low as $3.55 and last traded at $3.56. 450,125 shares were traded during mid-day trading, a decline of 42% from the average session volume of 775,199 shares. The stock had previously closed at $3.71.

SelectQuote Trading Down 3.2 %

The stock’s 50 day moving average is $2.87 and its two-hundred day moving average is $2.02. The company has a debt-to-equity ratio of 1.87, a current ratio of 6.34 and a quick ratio of 6.34.

SelectQuote (NYSE:SLQT) last announced its earnings results on Thursday, May 9th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. SelectQuote had a negative net margin of 4.12% and a negative return on equity of 12.03%. The company had revenue of $376.40 million for the quarter, compared to analyst estimates of $341.80 million. During the same period in the prior year, the business earned $0.06 earnings per share. As a group, research analysts anticipate that SelectQuote, Inc. will post -0.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SelectQuote

Several large investors have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new position in shares of SelectQuote in the 1st quarter valued at about $36,000. Public Employees Retirement System of Ohio boosted its holdings in shares of SelectQuote by 882.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 19,946 shares of the company’s stock worth $40,000 after buying an additional 17,916 shares during the period. Quadrature Capital Ltd bought a new stake in shares of SelectQuote during the 1st quarter worth about $40,000. TriaGen Wealth Management LLC boosted its holdings in shares of SelectQuote by 97.6% during the 4th quarter. TriaGen Wealth Management LLC now owns 40,500 shares of the company’s stock worth $55,000 after buying an additional 20,000 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of SelectQuote by 18.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company’s stock worth $83,000 after buying an additional 6,555 shares during the period. Institutional investors own 34.59% of the company’s stock.

SelectQuote Company Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.