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The closing price of P3 Health Partners Inc (NASDAQ: PIII) was $0.18 for the day, up 1.52% from the previous closing price of $0.18. In other words, the price has increased by $1.52 from its previous closing price. On the day, 0.88 million shares were traded. PIII stock price reached its highest trading level at $0.198 during the session, while it also had its lowest trading level at $0.1713.
Ratios:
Our analysis of PIII’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 98851504 and an Enterprise Value of 254474688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 0.172 whereas that against EBITDA is -1.532.
Stock Price History:
The Beta on a monthly basis for PIII is 0.92, which has changed by -0.79548025 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, PIII has reached a high of $1.12, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -6.06%, while the 200-Day Moving Average is calculated to be -49.92%.
Shares Statistics:
PIII traded an average of 2.50M shares per day over the past three months and 1018270 shares per day over the past ten days. A total of 161.97M shares are outstanding, with a floating share count of 91.55M. Insiders hold about 43.87% of the company’s shares, while institutions hold 12.40% stake in the company. Shares short for PIII as of 1741910400 were 2341007 with a Short Ratio of 0.94, compared to 1739491200 on 1908693. Therefore, it implies a Short% of Shares Outstanding of 2341007 and a Short% of Float of 13.69.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
