Minneapolis-based Bright Health Group, a private health insurance provider, plans to come to market on June 24 with a $1.2 billion initial public offering.
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| 52-week range | $4.94 - $16.59 |
|---|---|
| 50-day moving average | $8.67 |
| 200-day moving average | $9.60 |
| Wall St. target price | $26.67 |
| PE ratio | N/A |
| Dividend yield | N/A |
| Earnings per share (TTM) | $-136.21 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
| Revenue TTM | $2.8 billion |
|---|---|
| Gross profit TTM | $205.8 million |
| Return on assets TTM | -7.01% |
| Return on equity TTM | -118.55% |
| Profit margin | -57.7% |
| Book value | $-132.46 |
| Market Capitalization | $130.8 million |
TTM: trailing 12 months
We're not expecting Bright Health Group to pay a dividend over the next 12 months.
You may also wish to consider:
Bright Health Group's shares were split on a 1:80 basis on 21 May 2023 . So if you had owned 80 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Bright Health Group shares – just the quantity. However, indirectly, the new 7900% higher share price could have impacted the market appetite for Bright Health Group shares which in turn could have impacted Bright Health Group's share price.
Over the last 12 months, Bright Health Group's shares have ranged in value from as little as $4.94 up to $16.59. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Bright Health Group's is 0.939. This would suggest that Bright Health Group's shares are less volatile than average (for this exchange).
To put Bright Health Group's beta into context you can compare it against those of similar companies.
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. The Bright HealthCare segment offers medicare health plan products to consumers. The company was formerly known as Bright Health Inc.
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