Castlight Health, Inc. (NYSE:CSLT) announced that it has earned two HITRUST certifications for information security. This achievement places Castlight in an elite group of organizations worldwide that have met key regulations and industry-defined requirements and are appropriately managing their risk.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Castlight Health, Inc. (NYSE:CSLT) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Castlight Health, Inc. (NYSE:CSLT) Diluted EPS is -0.26, whereas the EPS Estimate for next year is 0.07. The Annual EPS Growth of past 5 years is 16.70% and Castlight Health, Inc. (NYSE:CSLT) yearly performance is -22.17% and net profit margin is -23.00%.
Key Performance indicators for Castlight Health, Inc. (NYSE:CSLT), in last 4 months the performance of CSLT was -13.87% while its price to sale ratio is 2.76 and price to book ratio is 2.43. Company gross margin stands at 61.80% whereas its return on investment (ROI) is -20.10%.
On 28 June 2019, Castlight Health, Inc. (NYSE:CSLT), a Technology sector firm, traded 3.38 Million shares in last trading session and stock advanced 8.39% with closing price of $3.23 per share. withCastlight Health, Inc. (NYSE:CSLT) traded 3.38 Million shares. The CSLT distance from 20 day simple moving average is 6.34% and distance from 50-Day simple moving average is -4.17%.The relative strength index for stock is 53.72 and Average true range of CSLT is 0.17.
Analyst’s mean target price for CSLT is $4.89 while analysts mean recommendation is 2.00. The Stock value has moved between $1.86 – 5.98 in last one year. CSLT market capitalization is 429.01 with beta of 1.42. Company has 2.40% insider ownership.
Castlight Health, Inc. (NYSE:CSLT) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 2 of Thomson Reuters analysts, 4 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Buy rating has been given by 2 analysts to the company stock.