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The price of P3 Health Partners Inc (NASDAQ: PIII) closed at $0.40 in the last session, up 5.63% from day before closing price of $0.37. In other words, the price has increased by $5.63 from its previous closing price. On the day, 3.32 million shares were traded. PIII stock price reached its highest trading level at $0.4199 during the session, while it also had its lowest trading level at $0.3737.
Ratios:
We take a closer look at PIII’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.87.
On September 01, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PIII now has a Market Capitalization of 219276320 and an Enterprise Value of 335041056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.239 whereas that against EBITDA is -3.866.
Stock Price History:
Over the past 52 weeks, PIII has reached a high of $1.78, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -3.69%, while the 200-Day Moving Average is calculated to be -38.20%.
Shares Statistics:
According to the various share statistics, PIII traded on average about 609.92K shares per day over the past 3-months and 218750 shares per day over the past 10 days. A total of 116.59M shares are outstanding, with a floating share count of 69.99M. Insiders hold about 56.73% of the company’s shares, while institutions hold 23.74% stake in the company. Shares short for PIII as of 1728950400 were 1246933 with a Short Ratio of 2.04, compared to 1726185600 on 1173498. Therefore, it implies a Short% of Shares Outstanding of 1246933 and a Short% of Float of 0.9199999999999999.
