P3 Health Partners Inc (PIII) is 10.16% away from 50-day simple Moving Average despite all headwinds

On Friday, P3 Health Partners Inc (NASDAQ: PIII) opened lower -3.77% from the last session, before settling in for the closing price of $0.24. Price fluctuations for PIII have ranged from $0.17 to $1.22 over the past 52 weeks.

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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. Company’s average yearly earnings per share was noted 11.11% at the time writing. With a float of $91.41 million, this company’s outstanding shares have now reached $161.97 million.

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

A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of P3 Health Partners Inc is 43.87%, while institutional ownership is 13.07%. 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 11.11% per share during the next fiscal year.

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

Check out the current performance indicators for P3 Health Partners Inc (PIII). In the past 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 0.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.84, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.43 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 2.39 million. That was inferior than the volume of 4.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.19%. 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 16.83%, which indicates a significant decrease from 75.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.87% in the past 14 days, which was lower than the 117.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2088, while its 200-day Moving Average is $0.4179. However, in the short run, P3 Health Partners Inc’s stock first resistance to watch stands at $0.2448. Second resistance stands at $0.2596. The third major resistance level sits at $0.2720. If the price goes on to break the first support level at $0.2176, it is likely to go to the next support level at $0.2052. The third support level lies at $0.1904 if the price breaches the second support level.

P3 Health Partners Inc (NASDAQ: PIII) Key Stats

There are currently 358,820K shares outstanding in the company with a market cap of 37.46 million. Presently, the company’s annual sales total 1,266 M according to its annual income of -57,770 K. Last quarter, the company’s sales amounted to 362,120 K and its income totaled -46,510 K.