Cue Health Stock Today


USD 3.04  0.14  4.40%   

Market Performance
0 of 100
Odds Of Distress
Less than 10
Cue Health is trading at 3.04 as of the 24th of September 2022. This is a -4.4 percent decrease since the beginning of the trading day. The stock's open price was 3.18. Cue Health has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Cue Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2022 and ending today, the 24th of September 2022. Click here to learn more.
Cue Health Inc., a healthcare technology company, designs and develops diagnostic platform for diagnostic tests for individuals, enterprises, healthcare providers and payors, and public health agencies. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California. The company has 146.36 M outstanding shares of which 4.81 M shares are currently shorted by private and institutional investors with about 3.49 trading days to cover. More on Cue Health
Follow Valuation Odds of Bankruptcy
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Cue Health Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cue Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cue Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cue Health generated a negative expected return over the last 90 days
Cue Health has high historical volatility and very poor performance
About 15.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Exercise or conversion by Sever Clint of 26664 shares of Cue Health subject to Rule 16b-3
CEOJames Springfield
Average Analyst Recommendation
Analysts covering Cue Health report their recommendations after researching Cue Health's financial statements, talking to executives and customers, or listening in on Cue Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cue Health. The Cue Health consensus assessment is calculated by taking the average forecast from all of the analysts covering Cue Health.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cue Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Cue Health (HLTH) is traded on NASDAQ Exchange in USA and employs 1,585 people. The company currently falls under 'Small-Cap' category with current market capitalization of 465.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cue Health's market, we take the total number of its shares issued and multiply it by Cue Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cue Health conducts business under Healthcare sector and is part of Health Information Services industry. The entity has 146.36 M outstanding shares of which 4.81 M shares are currently shorted by private and institutional investors with about 3.49 trading days to cover. Cue Health currently holds about 426.46 M in cash with 57.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.89.
Check Cue Health Probability Of Bankruptcy
Cue Health retains a total of 146.36 Million outstanding shares. 30% of Cue Health outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Cue Health Ownership Details

Cue Health Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Cue Health jumping above the current price in 90 days from now is about 90.13%. The Cue Health probability density function shows the probability of Cue Health stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.593. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cue Health will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cue Health is significantly underperforming DOW.
  Odds Below 3.04HorizonTargetOdds Above 3.04
9.82%90 days
Based on a normal probability distribution, the odds of Cue Health to move above the current price in 90 days from now is about 90.13 (This Cue Health probability density function shows the probability of Cue Health Stock to fall within a particular range of prices over 90 days) .

Cue Health Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cue Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cue Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cue Health's value.
InstituionSecurity TypeTotal SharesValue
Oakmont CorpCommon Shares9.8 M31.3 M
Decheng Capital Management Iii Cayman LlcCommon SharesM28.7 M
Citadel Advisors LlcCall Options579.6 K1.9 M
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Cue Health Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cue Health market risk premium is the additional return an investor will receive from holding Cue Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cue Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cue Health's alpha and beta are two of the key measurements used to evaluate Cue Health's performance over the market, the standard measures of volatility play an important role as well.

Cue Health Stock Against Markets

Picking the right benchmark for Cue Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cue Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cue Health is critical whether you are bullish or bearish towards Cue Health at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cue Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cue Health Corporate Directors

Cue Health corporate directors refer to members of a Cue Health board of directors. The board of directors generally takes responsibility for the Cue Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cue Health's board members must vote for the resolution. The Cue Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas Foster - DirectorProfile
Jennifer Pfahler - Independent DirectorProfile
Donald Kramer - DirectorProfile
Richard Ganley - Independent DirectorProfile

Invested in Cue Health?

The danger of trading Cue Health is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cue Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cue Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cue Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Cue Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cue Health. If investors know Cue Health will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cue Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cue Health is measured differently than its book value, which is the value of Cue Health that is recorded on the company's balance sheet. Investors also form their own opinion of Cue Health's value that differs from its market value or its book value, called intrinsic value, which is Cue Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cue Health's market value can be influenced by many factors that don't directly affect Cue Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cue Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Cue Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cue Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.