Bright Health Group (NYSE:BHG) Shares Up 1.2% – Still a Buy?

Bright Health Group, Inc. (NYSE:BHGGet Free Report) shares shot up 1.2% during mid-day trading on Monday . The stock traded as high as $6.80 and last traded at $6.75. 11,968 shares changed hands during trading, a decline of 84% from the average session volume of 72,717 shares. The stock had previously closed at $6.67.

Bright Health Group Trading Up 1.2%

The stock has a 50 day simple moving average of $6.69 and a 200-day simple moving average of $6.73. The firm has a market cap of $53.90 million, a P/E ratio of -0.03 and a beta of 0.93.

Bright Health Group Company Profile

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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.

Further Reading

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