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After finishing at $0.22 in the prior trading day, P3 Health Partners Inc (NASDAQ: PIII) closed at $0.21, down -4.54%. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 0.92 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PIII by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.20.
On September 01, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when Chicago Pacific Founders UGP I bought 80,000 shares for $0.52 per share. The transaction valued at 41,600 led to the insider holds 77,105,438 shares of the business.
Chicago Pacific Founders UGP I bought 80,000 shares of PIII for $39,952 on Sep 13 ’24. The 10% Owner now owns 77,185,438 shares after completing the transaction at $0.50 per share. On Sep 11 ’24, another insider, Chicago Pacific Founders UGP I, who serves as the 10% Owner of the company, bought 80,000 shares for $0.56 each. As a result, the insider paid 44,728 and bolstered with 77,025,438 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.28.
Stock Price History:
Over the past 52 weeks, PIII has reached a high of $1.20, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 0.03%, while the 200-Day Moving Average is calculated to be -49.27%.
Shares Statistics:
A total of 161.97M shares are outstanding, with a floating share count of 91.41M. Insiders hold about 43.87% of the company’s shares, while institutions hold 13.07% stake in the company.
