The stock price of P3 Health Partners Inc (NASDAQ: PIII) has dropped by -5.62 compared to previous close of 0.19. Despite this, the company has seen a fall of -1.23% in its stock price over the last five trading days. prnewswire.com reported 2024-12-19 that NEW YORK, Dec. 19, 2024 /PRNewswire/ — Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of P3 Health Partners Inc. (NASDAQ: PIII) breached their fiduciary duties to shareholders. The investigation concerns potential self-dealing.
Is It Worth Investing in P3 Health Partners Inc (NASDAQ: PIII) Right Now?
The stock has a 36-month beta value of 1.01. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for PIII is 91.41M, and at present, short sellers hold a 0.79% of that float. On December 26, 2024, the average trading volume of PIII was 642.47K shares.
PIII’s Market Performance
PIII’s stock has seen a -1.23% decrease for the week, with a -9.81% drop in the past month and a -50.40% fall in the past quarter. The volatility ratio for the week is 14.61%, and the volatility levels for the past 30 days are at 11.04% for P3 Health Partners Inc The simple moving average for the past 20 days is -15.37% for PIII’s stock, with a -64.04% simple moving average for the past 200 days.
Analysts’ Opinion of PIII
BTIG Research, on the other hand, stated in their research note that they expect to see PIII reach a price target of $5. The rating they have provided for PIII stocks is “Buy” according to the report published on September 01st, 2023.
PIII Trading at -37.35% from the 50-Day Moving Average
After a stumble in the market that brought PIII to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.72% of loss for the given period.
Volatility was left at 11.04%, however, over the last 30 days, the volatility rate increased by 14.61%, as shares sank -13.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.11% lower at present.
During the last 5 trading sessions, PIII fell by -5.91%, which changed the moving average for the period of 200-days by -82.40% in comparison to the 20-day moving average, which settled at $0.2159. In addition, P3 Health Partners Inc saw -86.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PIII starting from Chicago Pacific Founders UGP I, who purchase 80,000 shares at the price of $0.52 back on Sep 12 ’24. After this action, Chicago Pacific Founders UGP I now owns 77,105,438 shares of P3 Health Partners Inc, valued at $41,600 using the latest closing price.
Chicago Pacific Founders UGP I, the 10% Owner of P3 Health Partners Inc, purchase 80,000 shares at $0.50 during a trade that took place back on Sep 13 ’24, which means that Chicago Pacific Founders UGP I is holding 77,185,438 shares at $39,952 based on the most recent closing price.
Stock Fundamentals for PIII
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.22 for the gross margin
The net margin for P3 Health Partners Inc stands at -0.07. The total capital return value is set at -0.58. Equity return is now at value -66.59, with -11.87 for asset returns.
Based on P3 Health Partners Inc (PIII), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at -0.52. The debt to equity ratio resting at 1.11. The interest coverage ratio of the stock is -12.71.
Currently, EBITDA for the company is -81.07 million with net debt to EBITDA at -0.57. When we switch over and look at the enterprise to sales, we see a ratio of 0.1. The receivables turnover for the company is 11.74for trailing twelve months and the total asset turnover is 1.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
To sum up, P3 Health Partners Inc (PIII) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
