Bright Health Group (NYSE:BHG) Trading Up 0.1% - Still a Buy?

Key Points

• Bright Health Group's stock rose 0.1% during trading, with shares last priced at $6.85, amid notably low trading volume down 97% from its average.
• The company has a market cap of $53.64 million, with a negative PE ratio of -0.03 and a beta of 0.93, indicating lower volatility compared to the market.
• Bright Health Group operates in the healthcare sector, offering health insurance policies through two segments: Bright HealthCare and Consumer Care, providing both virtual and in-person clinical services.

Bright Health Group, Inc. (NYSE:BHG - Get Free Report) shares were up 0.1% on Wednesday . The company traded as high as $6.88 and last traded at $6.85. Approximately 2,078 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 72,717 shares. The stock had previously closed at $6.84.

Bright Health Group Price Performance

The stock has a market capitalization of $53.64 million, a PE ratio of -0.03 and a beta of 0.93. The stock's 50 day simple moving average is $6.83 and its two-hundred day simple moving average is $6.79.

Bright Health Group Company Profile

Bright Health Group, Inc, a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services.