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Privia Health Group Inc (NASDAQ: PRVA) closed the day trading at $18.14 down -2.00% from the previous closing price of $18.51. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 0.63 million shares were traded. PRVA stock price reached its highest trading level at $18.625 during the session, while it also had its lowest trading level at $18.13.
Ratios:
For a better understanding of PRVA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Robert W. Baird on May 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $23.
On April 22, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $25.
On March 06, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $22.Barclays initiated its Equal Weight rating on March 06, 2024, with a $22 target price.
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 10 ’24 when Mehrotra Parth sold 135,142 shares for $18.50 per share. The transaction valued at 2,500,127 led to the insider holds 247,771 shares of the business.
Mehrotra Parth bought 135,142 shares of PRVA for $2,500,719 on Sep 10 ’24. On Jun 11 ’24, another insider, Boehler Adam, who serves as the Director of the company, bought 364 shares for $16.50 each. As a result, the insider paid 6,006 and bolstered with 5,773,522 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, PRVA now has a Market Capitalization of 2168909056 and an Enterprise Value of 1836514560. As of this moment, Privia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 151.93, and their Forward P/E ratio for the next fiscal year is 75.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 3.64. Its current Enterprise Value per Revenue stands at 1.083 whereas that against EBITDA is 91.739.
Stock Price History:
Over the past 52 weeks, PRVA has reached a high of $24.35, while it has fallen to a 52-week low of $15.92. The 50-Day Moving Average of the stock is -7.04%, while the 200-Day Moving Average is calculated to be -7.52%.
Shares Statistics:
Over the past 3-months, PRVA traded about 739.24K shares per day on average, while over the past 10 days, PRVA traded about 984530 shares per day. A total of 118.22M shares are outstanding, with a floating share count of 105.88M. Insiders hold about 11.44% of the company’s shares, while institutions hold 94.97% stake in the company. Shares short for PRVA as of 1724976000 were 6073155 with a Short Ratio of 8.22, compared to 1722384000 on 5716465. Therefore, it implies a Short% of Shares Outstanding of 6073155 and a Short% of Float of 8.1599995.
