Bright Health Group (NYSE:BHG) Stock Price Down 1.5%

Bright Health Group, Inc. (NYSE:BHG - Get Free Report) shares dropped 1.5% during mid-day trading on Thursday . The stock traded as low as $6.04 and last traded at $6.06. Approximately 4,713 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 72,717 shares. The stock had previously closed at $6.15.

Bright Health Group Trading Down 1.5 %

The company has a 50 day moving average price of $6.86 and a 200-day moving average price of $7.69. The company has a market cap of $48.37 million, a P/E ratio of -0.03 and a beta of 0.93.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bright Health Group stock. Group One Trading L.P. raised its stake in Bright Health Group, Inc. (NYSE:BHG - Free Report) by 2,401.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,704 shares of the company's stock after purchasing an additional 7,396 shares during the quarter. Group One Trading L.P. owned 0.10% of Bright Health Group worth $46,000 as of its most recent filing with the Securities & Exchange Commission.

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.