Witnessing the stock’s movement on the chart, on March 16, 2023, Bright Health Group Inc. (NYSE: BHG) had a quiet start as it plunged -13.64% to $0.31. During the day, the stock rose to $0.38 and sunk to $0.282 before settling in for the price of $0.36 at the close. Taking a more long-term approach, BHG posted a 52-week range of $0.34-$2.40.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is -648.20%. This publicly-traded company’s shares outstanding now amounts to $627.75 million, simultaneously with a float of $593.79 million. The organization now has a market capitalization sitting at $204.23 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7355, while the 200-day Moving Average is $1.1909.
Bright Health Group Inc. (BHG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Healthcare Plans industry. Bright Health Group Inc.’s current insider ownership accounts for 0.10%, in contrast to 72.20% institutional ownership. According to the most recent insider trade that took place on Mar 13, this organization’s CEO & President sold 394,896 shares at the rate of 0.40, making the entire transaction reach 157,958 in total value, affecting insider ownership by 210,318. Preceding that transaction, on Mar 13, Company’s CFO & CAO sold 114,173 for 0.40, making the whole transaction’s value amount to 45,669. This particular insider is now the holder of 289,157 in total.
Bright Health Group Inc. (BHG) Earnings and Revenue Records
As on 9/29/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.5 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.36) by -$0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
Bright Health Group Inc.’s EPS decrease for this current 12-month fiscal period is -648.20% and is forecasted to reach -0.28 in the upcoming year.
Bright Health Group Inc. (NYSE: BHG) Trading Performance Indicators
Let’s observe the current performance indicators for Bright Health Group Inc. (BHG). The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.08. Similarly, its price to free cash flow for trailing twelve months is now 0.74.
In the same vein, BHG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.23, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.28 at the market close of one year from today.
Technical Analysis of Bright Health Group Inc. (BHG)
Going through the that latest performance of [Bright Health Group Inc., BHG]. Its last 5-days volume of 5.15 million indicated improvement to the volume of 2.2 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 11.30% While, its Average True Range was 0.0906.
Raw Stochastic average of Bright Health Group Inc. (BHG) in the period of the previous 100 days is set at 3.52%, which indicates a major fall in contrast to 4.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 244.11% that was higher than 148.47% volatility it exhibited in the past 100-days period.