Bright Health Group (NYSE:BHG) Stock Price Down 5.8% – What’s Next?

Shares of Bright Health Group, Inc. (NYSE:BHGGet Free Report) dropped 5.8% on Friday . The company traded as low as $4.82 and last traded at $4.84. Approximately 44,768 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 72,717 shares. The stock had previously closed at $5.14.

Bright Health Group Price Performance

The company has a market cap of $44.78 million, a P/E ratio of -0.03 and a beta of 0.93. The firm’s 50-day moving average is $7.05 and its two-hundred day moving average is $6.07.

Bright Health Group Company Profile

(Get Free Report)

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.

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