P3 Health Partners Inc (PIII) recent activity suggests a positive outlook with the last week’s performance of -19.80%

P3 Health Partners Inc (NASDAQ: PIII) kicked off on Friday, down -20.40% from the previous trading day, before settling in for the closing price of $0.57. Over the past 52 weeks, PIII has traded in a range of $0.44-$3.38.

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A company in the Healthcare sector has jumped its sales by 38.37% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 60.83%. With a float of $61.53 million, this company’s outstanding shares have now reached $116.59 million.

In an organization with 400 employees, it is important to assess its efficiency.

P3 Health Partners Inc (PIII) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Medical Care Facilities Industry. The insider ownership of P3 Health Partners Inc is 61.83%, while institutional ownership is 11.84%. The most recent insider transaction that took place on Sep 13 ’23, was worth 238,221. In this transaction 10% Owner of this company bought 90,000 shares at a rate of $2.65, taking the stock ownership to the 50,025,442 shares. Before that another transaction happened on Sep 12 ’23, when Company’s 10% Owner bought 90,000 for $2.63, making the entire transaction worth $236,520. This insider now owns 49,935,442 shares in total.

P3 Health Partners Inc (PIII) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 60.83% per share during the next fiscal year.

P3 Health Partners Inc (NASDAQ: PIII) Trading Performance Indicators

Take a look at P3 Health Partners Inc’s (PIII) current performance indicators. Last quarter, stock had a quick ratio of 0.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.18 in one year’s time.

Technical Analysis of P3 Health Partners Inc (PIII)

Let’s dig in a bit further. During the last 5-days, its volume was 1.13 million. That was better than the volume of 0.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.30%. Additionally, its Average True Range was 0.07.

During the past 100 days, P3 Health Partners Inc’s (PIII) raw stochastic average was set at 1.32%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.10% in the past 14 days, which was lower than the 126.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.5753, while its 200-day Moving Average is $1.0714. However, in the short run, P3 Health Partners Inc’s stock first resistance to watch stands at $0.5499. Second resistance stands at $0.6495. The third major resistance level sits at $0.6993. If the price goes on to break the first support level at $0.4005, it is likely to go to the next support level at $0.3507. The third support level lies at $0.2511 if the price breaches the second support level.

P3 Health Partners Inc (NASDAQ: PIII) Key Stats

The company with the Market Capitalisation of 72.60 million has total of 316,115K Shares Outstanding. Its annual sales at the moment are 1,266 M in contrast with the sum of -57,770 K annual income. Company’s last quarter sales were recorded 388,490 K and last quarter income was -18,700 K.