What is the best trade option for P3 Health Partners Inc (PIII) stock?

A share price of P3 Health Partners Inc [PIII] is currently trading at $0.20, up 8.90%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PIII shares have gain 16.11% over the last week, with a monthly amount drifted -16.03%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

P3 Health Partners Inc [NASDAQ: PIII] stock has seen the most recent analyst activity on April 01, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, BTIG Research started tracking the stock with Buy rating on September 01, 2023, and set its price target to $5. On June 30, 2023, TD Cowen initiated with a Market Perform rating.

P3 Health Partners Inc experienced fluctuations in its stock price throughout the past year between $0.17 and $1.22. P3 Health Partners Inc [NASDAQ: PIII] shares were valued at $0.20 at the most recent close of the market.

Analyzing the PIII fundamentals

Trailing Twelve Months sales for P3 Health Partners Inc [NASDAQ:PIII] were 1.48B which represents 25.58% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.71 and Total Capital is -0.58. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1877 points at the first support level, and at 0.1721 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2118, and for the 2nd resistance point, it is at 0.2203.

Ratios To Look Out For

To put it in perspective, the Current Ratio for P3 Health Partners Inc [NASDAQ:PIII] is 0.53. In addition, the Quick Ratio stands at 0.53 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.05, the price to book ratio is 0.27.

Transactions by insiders

Recent insider trading involved Chicago Pacific Founders UGP I, 10% Owner, that happened on Sep 12 ’24 when 80000.0 shares were purchased. 10% Owner, Chicago Pacific Founders UGP I completed a deal on Sep 13 ’24 to buy 80000.0 shares. Meanwhile, 10% Owner Chicago Pacific Founders UGP I bought 80000.0 shares on Sep 11 ’24.

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