agilon health (NYSE:AGL) Trading Up 5.6% - What's Next?

Shares of agilon health, inc. (NYSE:AGL - Get Free Report) rose 5.6% during trading on Monday . The stock traded as high as $4.21 and last traded at $4.23. Approximately 1,546,477 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 4,772,640 shares. The stock had previously closed at $4.00.

Analyst Ratings Changes

A number of equities research analysts recently commented on AGL shares. Royal Bank of Canada raised their price objective on shares of agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. Stifel Nicolaus raised their price objective on shares of agilon health from $2.00 to $3.00 and gave the stock a "hold" rating in a research note on Wednesday, February 26th. Robert W. Baird dropped their price objective on agilon health from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Sanford C. Bernstein upgraded agilon health from a "market perform" rating to an "outperform" rating and boosted their price target for the company from $3.30 to $8.50 in a report on Tuesday, April 8th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of agilon health in a report on Friday, March 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, agilon health presently has a consensus rating of "Hold" and an average target price of $4.81.

agilon health Price Performance

The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The company's 50 day moving average is $4.19 and its 200-day moving average is $3.14. The stock has a market cap of $1.61 billion, a PE ratio of -4.14 and a beta of 0.38.

Hedge Funds Weigh In On agilon health

A number of institutional investors have recently made changes to their positions in AGL. JPMorgan Chase & Co. increased its holdings in shares of agilon health by 326.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,415,419 shares of the company's stock valued at $5,563,000 after acquiring an additional 1,083,492 shares during the last quarter. Inspire Investing LLC boosted its position in agilon health by 106.6% during the 4th quarter. Inspire Investing LLC now owns 217,550 shares of the company's stock worth $413,000 after acquiring an additional 112,241 shares during the period. Geode Capital Management LLC increased its stake in agilon health by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 6,928,724 shares of the company's stock valued at $13,168,000 after buying an additional 35,207 shares during the period. KLP Kapitalforvaltning AS bought a new stake in agilon health during the fourth quarter worth approximately $111,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of agilon health in the fourth quarter valued at $33,000.

agilon health Company Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.