Bright Health Group Inc. (NYSE: BHG) Is Up 2.38% – Can It Revive? – Stocks Register
Home  »  Companies   »  Bright Health Group Inc. (NYSE: BHG) Is Up 2.38% &...

Bright Health Group Inc. (NYSE: BHG) Is Up 2.38% – Can It Revive?

Bright Health Group Inc. (NYSE:BHG) price closed higher on Monday, September 13, jumping 2.38% above its previous close.

>> 7 Top Picks for the Post-Pandemic Economy <<

A look at the daily price movement shows that the last close reads $9.65, with intraday deals fluctuated between $9.75 and $10.26. Taking into account the 52-week price action we note that the stock hit a 52-week high of $17.93 and 52-week low of $7.98. The stock added 9.66% on its value in the past month.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Bright Health Group Inc., which has a market valuation of $6.24 billion, is expected to release its quarterly earnings report Aug 03, 2021. Analysts tracking BHG have forecast the quarterly EPS to shrink by -0.15 per share this quarter, while the same analysts predict the annual EPS to hit -$0.71 for the year 2021 and up to -$0.52 for 2022.

On average, analysts have forecast the company’s revenue for the quarter will hit $1.08 billion, with the likely lows of $1.04 billion and highs of $1.14 billion. Staying with the analyst view, there is a consensus estimate of $4.12 billion for the company’s annual revenue in 2021.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with 1 upward and no downward reviews.

The overview shows that BHG’s price is at present 1.35% off the SMA20 and -14.13% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 46.54, with weekly volatility standing at 5.00%. The indicator jumps to 5.77% when calculated based on the past 30 days. Bright Health Group Inc. (NYSE:BHG)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.60.

An analysis of the Bright Health Group Inc. (NYSE:BHG) stock in terms of its daily trading volume indicates that the 3-month average is 1.81 million.

>> 7 Top Picks for the Post-Pandemic Economy <<

Current records show that the company has 625.69M in outstanding shares. The insiders’ percentage holdings are 1.20% of outstanding shares while the percentage share held by institutions stands at 69.20%. But the -40.62% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam