agilon health (NYSE:AGL) Shares Down 2.3% - Time to Sell?

agilon health, inc. (NYSE:AGL - Get Free Report) fell 2.3% during mid-day trading on Tuesday . The stock traded as low as $4.07 and last traded at $4.05. 162,584 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 4,774,198 shares. The stock had previously closed at $4.14.

Analyst Ratings Changes

A number of research firms recently weighed in on AGL. Citigroup upgraded agilon health from a "sell" rating to a "neutral" rating and increased their price objective for the company from $1.75 to $2.25 in a report on Friday, January 10th. Stifel Nicolaus upped their target price on agilon health from $2.00 to $3.00 and gave the company a "hold" rating in a report on Wednesday, February 26th. Sanford C. Bernstein upgraded shares of agilon health from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $3.30 to $8.50 in a report on Tuesday, April 8th. TD Cowen increased their price objective on shares of agilon health from $3.50 to $6.00 and gave the stock a "hold" rating in a research report on Tuesday, April 15th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of agilon health in a report on Friday, March 21st. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $4.60.

agilon health Stock Performance

The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.68 billion, a PE ratio of -4.33 and a beta of 0.38. The company has a 50-day moving average of $4.15 and a 200-day moving average of $3.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oak Thistle LLC purchased a new position in shares of agilon health in the 4th quarter worth approximately $25,000. Ieq Capital LLC purchased a new stake in shares of agilon health during the 4th quarter valued at $26,000. Signaturefd LLC raised its stake in shares of agilon health by 143.0% during the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company's stock worth $27,000 after purchasing an additional 8,467 shares during the period. Pallas Capital Advisors LLC bought a new position in agilon health during the first quarter valued at about $66,000. Finally, Humankind Investments LLC purchased a new stake in agilon health during the fourth quarter worth about $30,000.

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.

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