Market Insights: Agilon Health Inc (AGL)’s Notable Gain of 3.49, Closing at 5.34

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As of close of business last night, Agilon Health Inc’s stock clocked out at $5.34, up 3.49% from its previous closing price of $5.16. In other words, the price has increased by $3.49 from its previous closing price. On the day, 2.23 million shares were traded. AGL stock price reached its highest trading level at $5.48 during the session, while it also had its lowest trading level at $5.12.

Ratios:

To gain a deeper understanding of AGL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on April 22, 2024, initiated with a Neutral rating and assigned the stock a target price of $6.

On March 06, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $5.

TD Cowen Downgraded its Outperform to Market Perform on February 26, 2024, whereas the target price for the stock was revised from $12 to $6.50.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 29 ’23 when Schwaneke Jeffrey A. bought 22,300 shares for $11.22 per share. The transaction valued at 250,206 led to the insider holds 31,931 shares of the business.

Shaker Benjamin sold 18,750 shares of AGL for $337,455 on Sep 13 ’23. The Chief Markets Officer now owns 79,543 shares after completing the transaction at $18.00 per share. On Sep 12 ’23, another insider, Shaker Benjamin, who serves as the Chief Markets Officer of the company, sold 18,750 shares for $18.05 each. As a result, the insider received 338,481 and left with 79,543 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, AGL now has a Market Capitalization of 2195044352 and an Enterprise Value of 1676382976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 0.388 whereas that against EBITDA is -7.758.

Stock Price History:

Over the past 52 weeks, AGL has reached a high of $26.75, while it has fallen to a 52-week low of $4.41. The 50-Day Moving Average of the stock is -6.88%, while the 200-Day Moving Average is calculated to be -57.06%.

Shares Statistics:

It appears that AGL traded 5.24M shares on average per day over the past three months and 4674890 shares per day over the past ten days. A total of 406.39M shares are outstanding, with a floating share count of 301.79M. Insiders hold about 26.31% of the company’s shares, while institutions hold 85.75% stake in the company. Shares short for AGL as of 1711584000 were 47018180 with a Short Ratio of 8.97, compared to 1709164800 on 47965870. Therefore, it implies a Short% of Shares Outstanding of 47018180 and a Short% of Float of 39.7.

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