agilon health (NYSE:AGL) Shares Gap Up - Here's What Happened

agilon health, inc. (NYSE:AGL - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $3.82, but opened at $3.99. agilon health shares last traded at $3.91, with a volume of 737,035 shares changing hands.

Analyst Ratings Changes

AGL has been the subject of several research reports. JMP Securities reissued a "market perform" rating on shares of agilon health in a report on Monday. Sanford C. Bernstein raised shares of agilon health from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $3.30 to $8.50 in a research note on Tuesday, April 8th. Royal Bank of Canada lifted their price objective on shares of agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a report on Wednesday, February 26th. TD Cowen upped their target price on agilon health from $3.50 to $6.00 and gave the stock a "hold" rating in a report on Tuesday, April 15th. Finally, Robert W. Baird cut their price objective on shares of agilon health from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $4.81.

agilon health Trading Down 1.5 %

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 stock has a 50-day moving average of $4.20 and a 200 day moving average of $3.14. The stock has a market cap of $1.59 billion, a PE ratio of -4.09 and a beta of 0.38.

Hedge Funds Weigh In On agilon health

Several institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors lifted its stake in shares of agilon health by 10.9% in the 4th quarter. Captrust Financial Advisors now owns 35,485 shares of the company's stock valued at $67,000 after purchasing an additional 3,494 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in agilon health by 2.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,991 shares of the company's stock worth $393,000 after buying an additional 5,107 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of agilon health by 4.0% during the fourth quarter. MetLife Investment Management LLC now owns 174,551 shares of the company's stock worth $332,000 after purchasing an additional 6,762 shares in the last quarter. Symphony Financial Services Inc. raised its position in shares of agilon health by 44.3% in the fourth quarter. Symphony Financial Services Inc. now owns 23,000 shares of the company's stock valued at $44,000 after buying an additional 7,058 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in agilon health by 143.0% in 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 in the last quarter.

About agilon health

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.