BrightSpring Health Services Inc (NASDAQ:BTSG) concluded the trading at $24.24 on Thursday, January 30 with a rise of 2.06% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $23.75 with its price kept floating in the range of $23.74 and $24.82 on the day. Considering stock’s 52-week price range provides that BTSG hit a high price of $23.83 and saw its price falling to a low level of $7.85 during that period. Over a period of past 1-month, stock came adding 42.42% in its value.
In contrast, when we review BTSG stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 2 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending BrightSpring Health Services Inc (BTSG) as a Hold, while 2 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the BTSG stock which is currently positioned at 0. It further provides that stock’s current price level is 23.71% away from its 20-day simple moving average and is 28.77% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 78.71 while volatility remained at 5.34% over the past week which changes to 5.97% when measuring it over the past month. Beta is valued at 1.69, while measure of average true range or ATR is currently at 1.11.
Having a second look at BrightSpring Health Services Inc (NASDAQ:BTSG) provides that stock’s average daily trading volume for 3 months was 1.51 million, while it jumped to 2116270 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 174.08 million.
The percentage of outstanding shares held by the insiders is 67.99% while it is 46.77% for the institutional holders. The figures also indicate that as of 2025-01-15, number of stock’s short shares was 8.52 million which implies a short ratio of 8.35. This shows up a 1556.00 of Short Interest in company’s outstanding shares on the day. In January the standing of shares short improved as it was 7.34 million in the previous month. Addition of 42.34% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
