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agilon health (NYSE:AGL) Stock Price Down 5.3% - Here's What Happened

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agilon health, inc. (NYSE:AGL - Get Free Report) shares dropped 5.3% on Thursday . The company traded as low as $4.15 and last traded at $4.17. Approximately 1,123,403 shares traded hands during trading, a decline of 80% from the average daily volume of 5,738,973 shares. The stock had previously closed at $4.40.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Needham & Company LLC reaffirmed a "hold" rating on shares of agilon health in a research report on Friday. Macquarie began coverage on shares of agilon health in a report on Monday, December 16th. They set a "neutral" rating and a $3.00 target price on the stock. Citigroup upgraded agilon health from a "sell" rating to a "neutral" rating and boosted their price target for the company from $1.75 to $2.25 in a research note on Friday, January 10th. Sanford C. Bernstein raised their price objective on agilon health from $2.50 to $3.15 and gave the stock a "market perform" rating in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus lifted their price objective on agilon health from $2.00 to $3.00 and gave the company a "hold" rating in a report on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $3.95.

Check Out Our Latest Report on agilon health

agilon health Price Performance

The business's 50-day simple moving average is $3.51 and its two-hundred day simple moving average is $2.94. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of -4.90 and a beta of 0.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29.

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Hedge Funds Weigh In On agilon health

Several large investors have recently bought and sold shares of AGL. Captrust Financial Advisors raised its holdings in 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 buying an additional 3,494 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of agilon health by 2.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,991 shares of the company's stock worth $393,000 after purchasing an additional 5,107 shares during the period. MetLife Investment Management LLC increased its holdings in agilon health by 4.0% in the fourth quarter. MetLife Investment Management LLC now owns 174,551 shares of the company's stock valued at $332,000 after purchasing an additional 6,762 shares during the period. Symphony Financial Services Inc. raised its position in agilon health by 44.3% during the 4th quarter. Symphony Financial Services Inc. now owns 23,000 shares of the company's stock worth $44,000 after purchasing an additional 7,058 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of agilon health in the 3rd quarter valued at about $28,000.

About agilon health

(Get Free Report)

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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