Putting The Spotlight On P3 Health Partners Inc (PIII)

P3 Health Partners Inc (NASDAQ:PIII) currently has a daily average trading volume of 355.45K but it saw 4386814 shares traded in last market. With a market cap of 72.13M USD, the company’s current market price of $0.45 came falling about -3.07 while comparing to the previous closing price of $0.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.93 and as low as $0.40. In the recent trading on the day, stock has struck highest price mark of $0.4 while lowest mark touched by it was $0.4976.

Taking a look at 20-day trading activity of P3 Health Partners Inc (PIII) gives us an average price of $0.4894, while its current price level is -76.90% below from 52-week high level whereas it is 11.47% 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 $0.5460 while that of 200 days or SMA-200 reads an average of $0.7965. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.26% during that period while stretching the period over a month that decreases to 13.14%. 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 38.54 which implies that the stock is in neutral territory.

Over the week, PIII’s stock price is moving -10.82% down while it is -15.87% when we observe its performance for the past one month. Year-to-date it is -68.38% down and over the past year, the stock is showing a downside performance of -73.46%.

Currently, P3 Health Partners Inc’s total number of outstanding shares is 116.59M. Company’s return on investment (ROI) stands at -22.26% and return on equity (ROE) at -453.01%. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -7.71% on average.