P3 Health Partners Inc (NASDAQ:PIII) Could Shrink By -86.01% Or More

In last trading session, P3 Health Partners Inc (NASDAQ:PIII) saw 0.38 million shares changing hands with its beta currently measuring 1.04. Company’s recent per share price level of $0.20 trading at $0.01 or 4.72% at ring of the bell on the day assigns it a market valuation of $70.79M. That closing price of PIII’s stock is at a discount of -790.0% from its 52-week high price of $1.78 and is indicating a premium of 10.0% from its 52-week low price of $0.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 667.25K if we extend that period to 3-months.

For P3 Health Partners Inc (PIII), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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P3 Health Partners Inc (NASDAQ:PIII) trade information

Upright in the green during last session for gaining 4.72%, in the last five days PIII remained trading in the red while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $0.20 price level, adding 13.04% to its value on the day. P3 Health Partners Inc’s shares saw a change of -86.01% in year-to-date performance and have moved -3.76% in past 5-day. P3 Health Partners Inc (NASDAQ:PIII) showed a performance of -3.19% in past 30-days. Number of shares sold short was 0.96 million shares which calculate 1.21 days to cover the short interests.

P3 Health Partners Inc (PIII) estimates and forecasts

Statistics highlight that P3 Health Partners Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -65.39% of value to its shares in past 6 months, showing an annual growth rate of -6.35% while that of industry is 24.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

P3 Health Partners Inc (NASDAQ:PIII)’s Major holders

Insiders are in possession of 23.20% of company’s total shares while institution are holding 24.99 percent of that, with stock having share float percentage of 32.53%. Investors also watch the number of corporate investors in a company very closely, which is 24.99% institutions for P3 Health Partners Inc that are currently holding shares of the company. ALYESKA INVESTMENT GROUP, L.P. is the top institutional holder at PIII for having 15.95 million shares of worth $7.18 million. And as of 2024-06-30, it was holding 13.4152 of the company’s outstanding shares.

The second largest institutional holder is ARMISTICE CAPITAL, LLC, which was holding about 7.9 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.645 of outstanding shares, having a total worth of $3.56 million.