An Investment Update: Option Care Health, Inc. (BIOS), Invesco Mortgage Capital Inc. (IVR)

Option Care Health, Inc. (NASDAQ:BIOS) has its shares plummet by -1.92% or $0.08 from its all-time high of $4.17, with BIOS attaining that price back on January 09, 2020. The drop in the price of the shares saw it stand at $4.09 per share. BIOS has been trading at a low of $1.56 over the past one year but it surged by 162.18% or $2.53 to reach the $4.09 mark. Following the massive rise in stock price, BIOS received more attention from investors and analysts. On Wednesday, the stock plunged by 2.76%, which caused investors and analysts to excite about it. Following the plunge in price, the BIOS beta stands at 0.41, implying that its volatility level has gone down by 0.59 back of the general market. A look at the stock’s 200-day moving average shows that it is 41.51% above while its 50-day moving average shows that it is currently 17.51% above. Compared to 3.18% average daily volatility of past month, the stock’s average volatility for this week has increased by 0.0299999999999998 as the volatility level currently stands at 3.21%.

Over the past seven days, the stock has witnessed a price dip by 0%. This massive drop in stock price has caught the attention of both investors and market traders. The stock has performed excellently over the past 52 weeks, rising by 10.24% during that time frame and is now up by 9.65% since this point this year. BIOS has surged by 25.08% over the past 30 days, with its equity price gaining% of its value over the past ninety days. These figures add up to see the stock record a growth of 41.52% over the past six months.

Market analysts from research firms still remain bullish about the short-term performance of BIOS. Most of them are of the view that the stock would be able to reach $4.19 over the next 12 months. If that happens, then the stock would witness a 2.44% rise in its price and that would see the stock’s market cap hit an astonishing $3 Billion. Analysts view this stock as a bullish at the moment as its average rating is 1.4. According to Reuters, most of the 3 analysts covering the stock at the moment believe it is a Buy. 0 of them rated BIOS as a Hold while 3 of them either rated it as a Buy or a Strong Buy. However, 0 of them advised investors to sell the stock if they have it or shouldn’t buy it if they don’t possess any.

The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a overbought position as it was able to attain 70.68 points. The trading volume now standing at 1303754 shares. The increase of 283754 shares in trading volume shows that traders and investors have shown more interest in the stock over the past few weeks. During that trading session, the average trading volume of BIOS was 1020000 shares, which is more than 1.28 times higher than its usual trading volume.

The stock is currently neutral as its Stochastic Oscillator (%D) is at 69.5%, which implies that a stability in price will be experienced for a while. Its shares P/S ratio is above the 0.87 industry average and above the 0.7 by the wider market, as IVR’s P/S ratio currently stands at 3.16. The stock’s estimated price-earnings (P/E) multiple is 9.14 which is also below the 12-month price-earnings (P/E) which stands at 120.28. Invesco Mortgage Capital Inc. has experienced a fall in its earnings, recording an decrease rate of -24.1% in each quarter over the past five years.