News to Watch: Benefitfocus (NASDAQ:BNFT)

Benefitfocus (NASDAQ:BNFT)  spotted trading -68.18% off 52-week high price. On the other end, the stock has been noted 0.26% away from the low price over the last 52-weeks. The stock changed -1.38% to recent value of $19.3. The stock transacted 334583 shares during most recent day however it has an average volume of 338.60K shares. The company has 33.66M of outstanding shares and 29.45M shares were floated in the market.

On Jan. 14, 2020, Benefitfocus (NASDAQ:BNFT) a leading cloud-based benefits management platform and services provider, disclosed that Rubin Pillay, MD, PhD, Professor of Healthcare Innovation and medical futurist, will speak during the annual One Place® Conference. Benefitfocus’ benefits technology and business conference will be held on March 17-19 in Charleston, SC.

We’re excited to welcome Dr. Pillay to our largest, most innovative event of the year. His background as a medical futurist and his 30-year career in healthcare as a clinician, academic and innovator make him well-suited to speak to the rapidly evolving healthcare space and the future of benefits during a pivotal time for change, said Ray August, Benefitfocus President and CEO. Our mission is to simplify employee benefits for everyone by bringing the entire benefits ecosystem together – consumers, brokers, employers and carriers. Dr. Pillay’s experience brings a unique perspective to discussing dynamics and exploring innovative solutions to the toughest industry challenges.

Dr. Pillay joins retired Air Force Col. Nicole Malachowski, the first woman on the Thunderbirds Air Demonstration Squadron and a White House Fellow and Adviser, and Phil Hansen, an internationally recognized multimedia artist, speaker and author. Dr. Pillay will present on Wednesday, March 18, at 9:00 a.m., on Healthcare 3.0: How Technology is Driving the Transition to Prosumers, Platforms and Outsurance.

Its earnings per share (EPS) expected to touch remained -2.30% for this year while earning per share for the next 5-years is expected to reach at 20.00%. BNFT has a gross margin of 51.80% and an operating margin of -12.60% while its profit margin remained -19.30% for the last 12 months.

According to the most recent quarter its current ratio was 2.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of -8.08% from the mean of 20 days, -12.65% from mean of 50 days SMA and performed -28.75% from mean of 200 days price. Company’s performance for the week was -5.67%, -2.67% for month and YTD performance remained -12.03%.

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