Ideas And Forecasts On BrightSpring Health Services Inc (NASDAQ: BTSG)

BrightSpring Health Services Inc (NASDAQ:BTSG) currently has a daily average trading volume of 984.14K but it saw 928899 shares traded in last market. With a market cap of 2.12B USD, the company’s current market price of $12.39 came falling about -2.13 while comparing to the previous closing price of $12.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.72 and as low as $7.85.

Taking a look at 20-day trading activity of BrightSpring Health Services Inc (BTSG) gives us an average price of $11.71, while its current price level is -2.59% below from 52-week high level whereas it is 57.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.86% during that period while stretching the period over a month that increases to 2.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.99 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BTIG Research which initiated the stock as “Buy” in its note to investors issued on June 21, 2024, recommending a price target of $15 for it. Deutsche Bank issued its recommendations for the stock as it upgraded the price target for the stock is $11.50.

Over the week, BTSG’s stock price is moving 2.91% up while it is 13.05% when we observe its performance for the past one month. Year-to-date it is 12.64% up and over the past year.

Currently, BrightSpring Health Services Inc’s total number of outstanding shares is 171.19M. Company’s return on investment (ROI) stands at -4.15% and return on equity (ROE) at -23.08%. It has a 14.51 of forward P/E ratio. Stock has a price to book (P/B) ratio of 1.35 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -2.71% on average.