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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 -0.09%. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 7.69 million shares were traded. PIII stock price reached its highest trading level at $0.224 during the session, while it also had its lowest trading level at $0.2022.
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:
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 119464200 and an Enterprise Value of 311472352. 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 0.29. Its current Enterprise Value per Revenue stands at 0.222 whereas that against EBITDA is -3.594.
Stock Price History:
The Beta on a monthly basis for PIII is 0.99, which has changed by -0.8266129 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, PIII has reached a high of $1.36, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -13.75%, while the 200-Day Moving Average is calculated to be -54.18%.
Shares Statistics:
The stock has traded on average 650.27K shares per day over the past 3-months and 575390 shares per day over the last 10 days, according to various share 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 21.22% stake in the company. Shares short for PIII as of 1730332800 were 957117 with a Short Ratio of 1.26, compared to 1727654400 on 1082190. Therefore, it implies a Short% of Shares Outstanding of 957117 and a Short% of Float of 0.69999998.
