Shares of P3 Health Partners Inc. (NASDAQ:PIII - Get Free Report) fell 8.5% on Thursday . The stock traded as low as $0.22 and last traded at $0.22. 307,022 shares traded hands during trading, a decline of 37% from the average session volume of 488,401 shares. The stock had previously closed at $0.24.
Analyst Ratings Changes
Separately, TD Cowen dropped their target price on shares of P3 Health Partners from $0.90 to $0.25 and set a "hold" rating on the stock in a report on Wednesday, November 20th.
Check Out Our Latest Stock Report on PIII
P3 Health Partners Price Performance
The company has a market capitalization of $77.18 million, a P/E ratio of -0.26 and a beta of 1.00. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.53 and a quick ratio of 0.53. The company has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.40.
Institutional Trading of P3 Health Partners
Hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings in P3 Health Partners by 188.1% in the second quarter. Renaissance Technologies LLC now owns 111,800 shares of the company's stock worth $50,000 after purchasing an additional 73,000 shares during the period. Geode Capital Management LLC grew its position in P3 Health Partners by 115.2% in the third quarter. Geode Capital Management LLC now owns 1,029,259 shares of the company's stock worth $398,000 after buying an additional 550,925 shares during the last quarter. Trinity Financial Advisors LLC acquired a new stake in shares of P3 Health Partners during the fourth quarter worth $261,000. Finally, Armistice Capital LLC acquired a new stake in P3 Health Partners during the 2nd quarter worth about $3,557,000. 7.75% of the stock is currently owned by institutional investors.
P3 Health Partners Company Profile
(
Get Free Report)
P3 Health Partners Inc, a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. P3 Health Partners Inc was founded in 2020 and is based in Henderson, Nevada.
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