Can P3 Health Partners Inc’s (PIII) hike of 6.16% in a week be considered a lucky break?

A new trading day began on Friday, with P3 Health Partners Inc (NASDAQ: PIII) stock price down -4.31% from the previous day of trading, before settling in for the closing price of $0.21. PIII’s price has ranged from $0.18 to $1.78 over the past 52 weeks.

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Annual sales at Healthcare sector company grew by 38.37% over the past five years. Meanwhile, its annual earnings per share averaged 11.08%. With a float of $91.41 million, this company’s outstanding shares have now reached $161.97 million.

Let’s look at the performance matrix of the company that is accounted for 400 employees. In terms of profitability, gross margin is 21.57%, operating margin of -16.69%, and the pretax margin is -16.87%.

P3 Health Partners Inc (PIII) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of P3 Health Partners Inc is 43.87%, while institutional ownership is 20.58%. The most recent insider transaction that took place on Sep 12 ’24, was worth 41,600. In this transaction 10% Owner of this company bought 80,000 shares at a rate of $0.52, taking the stock ownership to the 77,105,438 shares. Before that another transaction happened on Sep 13 ’24, when Company’s 10% Owner bought 80,000 for $0.50, making the entire transaction worth $39,952. This insider now owns 77,185,438 shares in total.

P3 Health Partners Inc (PIII) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 11.08% per share during the next fiscal year.

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

Here are P3 Health Partners Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.53. 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 -0.84, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.40 in one year’s time.

Technical Analysis of P3 Health Partners Inc (PIII)

P3 Health Partners Inc (NASDAQ: PIII) saw its 5-day average volume 0.51 million, a positive change from its year-to-date volume of 0.47 million. As of the previous 9 days, the stock’s Stochastic %D was 38.25%. Additionally, its Average True Range was 0.03.

During the past 100 days, P3 Health Partners Inc’s (PIII) raw stochastic average was set at 4.83%, which indicates a significant decrease from 37.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.93% in the past 14 days, which was lower than the 115.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2859, while its 200-day Moving Average is $0.5017. Nevertheless, the first resistance level for the watch stands at $0.2121 in the near term. At $0.2242, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.2325. If the price goes on to break the first support level at $0.1917, it is likely to go to the next support level at $0.1834. The third support level lies at $0.1713 if the price breaches the second support level.

P3 Health Partners Inc (NASDAQ: PIII) Key Stats

With a market capitalization of 68.67 million, the company has a total of 358,820K Shares Outstanding. Currently, annual sales are 1,266 M while annual income is -57,770 K. The company’s previous quarter sales were 362,120 K while its latest quarter income was -46,510 K.