Now that Bright Health Group Inc.’s volume has hit 1.71 million, investors get a glimpse of its size.


September 22, 2022, Bright Health Group Inc. (NYSE: BHG) trading session started at the price of $1.16, that was -4.24% drop from the session before. During the day, the shares moved up to $1.19 and dropped to $1.08 before settling in for the closing price of $1.18. A 52-week range for BHG has been $1.13 – $9.58.

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When this article was written, the company’s average yearly earnings per share was at -648.20%. With a float of $593.41 million, this company’s outstanding shares have now reached $629.20 million.

The extent of productivity of a business whose workforce counts for 3203 workers is very important to gauge.

Bright Health Group Inc. (BHG) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bright Health Group Inc. stocks. The insider ownership of Bright Health Group Inc. is 5.76%, while institutional ownership is 72.00%. The most recent insider transaction that took place on Mar 04, was worth 210,000. In this transaction Director of this company bought 100,000 shares at a rate of $2.10, taking the stock ownership to the 230,000 shares. Before that another transaction happened on Mar 04, when Company’s Director bought 100,000 for $2.09, making the entire transaction worth $209,000. This insider now owns 350,000 shares in total.

Bright Health Group Inc. (BHG) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 3/30/2022, it has been observed that the corporation posted -$0.32 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.24) by -$0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -648.20% per share during the next fiscal year.

Bright Health Group Inc. (NYSE: BHG) Trading Performance Indicators

You can see what Bright Health Group Inc. (BHG) is doing with its current performance indicators. In the most recent quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 2.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.54, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -0.74 in one year’s time.

Technical Analysis of Bright Health Group Inc. (BHG)

The latest stats from [Bright Health Group Inc., BHG] show that its last 5-days average volume of 4.4 million was superior to 3.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.12%. Additionally, its Average True Range was 0.12.

During the past 100 days, Bright Health Group Inc.’s (BHG) raw stochastic average was set at 3.79%, which indicates a significant decrease from 8.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.58% in the past 14 days, which was higher than the 78.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6834, while its 200-day Moving Average is $2.2621. Now, the first resistance to watch is $1.1867. This is followed by the second major resistance level at $1.2433. The third major resistance level sits at $1.2967. If the price goes on to break the first support level at $1.0767, it is likely to go to the next support level at $1.0233. Assuming the price breaks the second support level, the third support level stands at $0.9667.

Bright Health Group Inc. (NYSE: BHG) Key Stats

There are 629,699K outstanding shares of the company, which has a market capitalization of 783.71 million. As of now, sales total 4,029 M while income totals -1,185 M. Its latest quarter income was 1,577 M while its last quarter net income were -274,670 K.


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