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

Shares of Bright Health Group, Inc. (NYSE:BHG) traded down 1.5% on Thursday . The stock traded as low as $6.04 and last traded at $6.06. 4,713 shares changed hands during trading, a decline of 94% from the average session volume of 72,717 shares. The stock had previously closed at $6.15.

Bright Health Group Stock Down 1.5 %

The company has a market capitalization of $48.37 million, a PE ratio of -0.03 and a beta of 0.93. The firm has a 50-day moving average of $6.90 and a two-hundred day moving average of $7.70.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bright Health Group stock. Group One Trading L.P. grew its holdings in Bright Health Group, Inc. (NYSE:BHG) by 2,401.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,704 shares of the company’s stock after buying 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 SEC filing.

About Bright Health Group

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.