Privia Health Group Inc (NASDAQ:PRVA) shares, rose in value on Friday, March 28, with the stock price down by -1.44% to the previous day’s close as strong demand from buyers drove the stock to $22.59.
Actively observing the price movement in the last trading, the stock closed the session at $22.92, falling within a range of $22.13 and $22.905. The value of beta (5-year monthly) was 0.853 whereas the PE ratio was 197.47 over 12-month period. Referring to stock’s 52-week performance, its high was $26.04, and the low was $15.92. On the whole, PRVA has fluctuated by -11.27% over the past month.
With the market capitalization of Privia Health Group Inc currently standing at about $2.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.87B, with a low estimate of 415.2M and a high estimate of 466.08M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 450.64M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PRVA’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.24, with the price of PRVA currently trading nearly -5.53% and -4.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.66, while the 7-day volatility ratio is showing 3.26% which for the 30-day chart, stands at 3.65%. Furthermore, Privia Health Group Inc (PRVA)’s beta value is 0.87, and its average true range (ATR) is 0.82.
A comparison of Privia Health Group Inc (PRVA) with its peers suggests the former has fared considerably weaker in the market. PRVA showed an intraday change of -1.44% in last session, and over the past year, it grew by 19.08%%.
Data on historical trading for Privia Health Group Inc (NASDAQ:PRVA) indicates that the trading volumes over the past 10 days have averaged 0.79 and over the past 3 months, they’ve averaged 738.92K. According to company’s latest data on outstanding shares, there are 120.31 million shares outstanding.
Nearly 11.44% of Privia Health Group Inc’s shares belong to company insiders and institutional investors own 95.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.43 million shares as on 2025-03-14, resulting in a short ratio of 4.57. According to the data, the short interest in Privia Health Group Inc (PRVA) stood at 587.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.66 million. The stock has risen by 15.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PRVA stock heading into the next quarter.
