P3 Health Partners Inc (PIII) is gearing up for another turning point as it hit the volume of 0.83 million

On Tuesday, P3 Health Partners Inc (NASDAQ: PIII) was 2.87% up from the session before settling in for the closing price of $0.20. A 52-week range for PIII has been $0.17 – $1.22.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 38.37%. When this article was written, the company’s average yearly earnings per share was at 11.08%. With a float of $91.41 million, this company’s outstanding shares have now reached $161.97 million.

Considering the fact that the conglomerate employs 400 people, you should pay attention to its efficiency factor. 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 Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward P3 Health Partners Inc stocks. The insider ownership of P3 Health Partners Inc is 43.87%, while institutional ownership is 20.83%. 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) Earnings and Forecasts

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

You can see what P3 Health Partners Inc (PIII) is doing with its current performance indicators. In the most recent quarter, the stock posted 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)

Compared to the last year’s volume of 4.29 million, its volume of 0.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 74.82%. Additionally, its Average True Range was 0.02.

During the past 100 days, P3 Health Partners Inc’s (PIII) raw stochastic average was set at 8.43%, which indicates a significant decrease from 72.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.96% in the past 14 days, which was lower than the 114.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2099, while its 200-day Moving Average is $0.4215. Nevertheless, the first resistance level for the watch stands at $0.2078 in the near term. At $0.2149, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.2218. If the price goes on to break the first support level at $0.1938, it is likely to go to the next support level at $0.1869. Should the price break the second support level, the third support level stands at $0.1798.

P3 Health Partners Inc (NASDAQ: PIII) Key Stats

There are 358,820K outstanding shares of the company, which has a market capitalization of 72.02 million. As of now, sales total 1,266 M while income totals -57,770 K. Its latest quarter income was 362,120 K while its last quarter net income were -46,510 K.