Stocks to Watch: eHealth Inc. (EHTH) Plunges 5.27%

eHealth Inc. (EHTH) had a rough trading day for Monday October 07 as shares tumbled 5.27%, or a loss of $-3.29 per share, to close at $59.09. After opening the day at $61.64, shares of eHealth Inc. traded as high as $62.18 and as low as $58.96. Volume was 816,705 shares over 9,201 trades, against an average daily volume of n/a shares and a total float of 22.81 million.

As a result of the decline, eHealth Inc. now has a market cap of $1.35 billion. In the last year, shares of eHealth Inc. have traded between a range of $112.22 and $27.15, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

EHealth offers a private health insurance exchange where individuals and small businesses can compare health insurance products from leading insurers. Users can purchase the insurance online. The exchange includes Medicare options, and seniors can enroll in those plans online or via phone. The company primarily generates revenue through commissions it receives from health insurance carriers. EHealth has relationships with the leading health insurance carriers in the United States and offers thousands of plans online. All of the company’s revenue is from the United States.

eHealth Inc. is based out of Santa Clara, CA and has some 1,079 employees. Its CEO is Scott N. Flanders.

eHealth Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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