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How to Buy Sharecare Stock

Sharecare Inc

Sharecare, Inc. operates as a digital healthcare platform company. Its Sharecare platform connects people, patients, providers, employers, health plans, government organizations, and communities that optimize individual and population-wide well-being.

Sharecare stock last closed at $0.84, down 3.01% from the previous day, and has decreased 62.38% in one year. It has underperformed other stocks in the Health Information Services industry by 0.45 percentage points. Sharecare stock is currently +9.1% from its 52-week low of $0.77, and -53.9% from its 52-week high of $1.82.

As of Mar 27, 2024, there are 352.42M SHCR shares outstanding. The market value of SHCR is $295.68M. In the last 24 hours, 2.66M SHCR shares were traded.

How to Buy Sharecare Stock

Not sure how to invest in Sharecare stock? Here's how.
  1. Decide where to buy Sharecare stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Sharecare stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your method of payment and add your information.
  4. Evaluate Sharecare stock: The Sharecare ticker symbol is SHCR. Is Sharecare stock a good investment? Should you buy shares of SHCR? How do SHCR's underlying business fundamentals look? Do top analysts think Sharecare is a good buy? Why has SHCR's stock price moved recently? (Hint: Our stock research website can help you evaluate if SHCR is a good stock to buy).
  5. Place your SHCR buy order: Decide if you will purchase SHCR shares at the current market price or use a limit order to purchase SHCR stock at a given price.
  6. Get notifications regarding your SHCR investment: Create a watchlist to monitor your position in Sharecare stock.

Step 1: Decide where to buy Sharecare stock

You need an online brokerage account in order to access the NASDAQ market and buy SHCR stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
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Step 2: Create your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in SHCR today.

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  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal info to open your new brokerage account.
  1. Send your application by pressing the "Create Account" button.
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    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details transferring funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Sharecare stock

After you have chosen the best place to buy Sharecare stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.

Sharecare stock at a glance

SHCR Price
$0.84
1w %
-14.3%
1y %
-62.38%
5y %
N/A
P/E
-2.47x
P/B
0.65x
P/S
1.23x
PEG
N/A
Revenue
$239.56M
Earnings
-$118.38M
Fore. Rev. Growth
107.15%
Fore. Earn. Growth
N/A
Market Cap
$295.68M
Next Earnings
Mar 28, 2024
Next Dividend
N/A

Fundamentals of SHCR

WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on SHCR's stock page.

Is SHCR stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SHCR's intrinsic value.

Using relative valuations ratios:

  • SHCR could be undervalued based on its P/B ratio of 0.65x, relative to Health Information Services industry P/B ratio of 3.73x

You can access more valuation analysis on SHCR's stock here.

Is SHCR a healthy company?

Passed Health Checks:

  • SHCR has a low debt to equity ratio of 0.27.
  • There are more short-term assets than short-term liabilities on the SHCR balance sheet.
  • SHCR has cash burn of 65827000. It has enough cash and short-term investments to cover this for at least one year.
  • SHCR has $128.01M in cash and short term investments. This is sufficient to cover its annual cash burn of $65.83M.
  • There are more short-term assets than long-term liabilities on the SHCR balance sheet.

Failed Health Checks:

  • SHCR profit margin has gone down from -38.8% to -49.4% in the past year.

You can dive deeper into what analysts are forecasting on the Sharecare stock forecast page.

Metrics for Advanced SHCR Traders

SMA10
0.93
SMA20
0.94
SMA50
1
SMA100
1
SMA200
1.12
MACD
-0.03
MACD Signal
-0.02
MACD Histogram
-0.01
RSI
34.83
Stochastic %K
16.18
Stochastic %D
24.88
StochRSI %K
2.92
StochRSI %D
20.5

How are SHCR Revenues/Earnings doing?

Last year, SHCR revenue was $239.56M. During the last 2 year, SHCR's revenue has increased by -20.88% per year. This was slower than the Health Information Services industry average of 19.7%.

You can analyze SHCR's earnings and revenue performance here.

Are SHCR insiders buying or selling the stock?

Over the past year, insiders at SHCR have sold more shares than they have bought.

Jeffrey T. Arnold, Co-Founder and Executive Chair of SHCR, was the latest SHCR insider to sell. They sold $215,848.96 worth of SHCR stock on Feb 15, 2024.

Research more about who owns SHCR shares here.

Does SHCR stock generate passive income?

No, Sharecare doesn't provide an income stream by paying out dividends.

What others are saying about SHCR

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your SHCR buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, use a limit order.

Press the Open Trade button and your broker will place your order.

If you require more help buying stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your SHCR investment

Now that you own some SHCR stock, you'll want to stay up-to-date on your new company.

Put SHCR on a watchlist to get alerted to the latest events about your SHCR stock.

SHCR Feed

How to Buy Stock in Sharecare

To summarize, here are the 6 steps to buy Sharecare stock:

  1. Decide where to buy Sharecare stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Sharecare stock
  5. Place your SHCR buy order
  6. Get notifications regarding your SHCR investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Sharecare, get started below.

NASDAQ: SHCR
$0.84-0.03 (-3.01%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SHCR
$0.84-0.03 (-3.01%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sharecare share?

As of Mar 27, 2024, it costs $0.84 to buy one share of Sharecare stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.42, you can buy 0.5 shares of SHCR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Sharecare stock?

One way to place an order for Sharecare stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.