Shares of Castlight Health Inc. Class B (NYSE:CSLT) traded today at $2.43, eclipsing its 52-week high. Approximately 518,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.
Castlight Health Inc. Class B share prices have moved between a 52-week high of $2.43 and a 52-week low of $0.76 and are now trading 209% above that low price at $2.35 per share.
There is potential upside of 653.6% for shares of Castlight Health Inc. Class B based on a current price of $2.35 and an average consensus analyst price target of $17.67.
Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.
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