Bright Health Group (NYSE:BHG) Stock Price Up 6.4% – Still a Buy?

Bright Health Group, Inc. (NYSE:BHGGet Free Report)’s share price was up 6.4% during mid-day trading on Thursday . The stock traded as high as $5.52 and last traded at $5.25. Approximately 27,458 shares traded hands during trading, a decline of 62% from the average daily volume of 72,717 shares. The stock had previously closed at $4.94.

Bright Health Group Stock Performance

The business has a 50 day moving average price of $5.47 and a 200-day moving average price of $5.57. The company has a market capitalization of $41.91 million, a price-to-earnings ratio of -0.03 and a beta of 0.93.

About Bright Health Group

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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.

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