Home > eHealth Slumps: EHTH Falls 12.2% in Session

eHealth Slumps: EHTH Falls 12.2% in Session

5-48-2014 6:5

eHealth, Inc. (EHTH) saw a big move last session, as the company’s shares fell by over 12% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for EHTH, as the stock is now down over 27% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the health insurance company has seen 6 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

EHTH currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the same sector include Marsh & McLennan Companies, Inc. (MMC), Aon plc (AON) and Arthur J Gallagher & Co. (AJG). All these stocks hold a Zacks Rank #2 (Buy).

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EHEALTH INC (EHTH): Free Stock Analysis Report

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MARSH & MCLENNAN COS (MMC): Free Stock Analysis Report

ARTHUR J GALLAGHER & CO (AJG): Free Stock Analysis Report

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