Bright Health Group Inc Shares Fall 22.6% Below Previous 52-Week Low - Market Mover
The shares fell 22.6% lower than its previous 52-week low of $10.42, with trading volume higher than its 30 day average
May 25, 2023 by Kwhen Finance Editors
Bright Health Group Inc (BHG) shares closed 22.6% lower than its previous 52 week low, giving the company a market cap of $6B. The stock is currently down 99.7% year-to-date, down 99.9% over the past 12 months, and down 100.0% over the past five years. This week, the Dow Jones Industrial Average fell 1.5%, and the S&P 500 fell 1.0%.
Trading Activity
- Trading volume this week was 572.4% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Bright Health Group Inc | -23.4 | -99.7 | -99.9 | -99.9 | 0.0 |
| Dow Jones Industrial Average | -0.1 | 0.0 | 5.1 | -4.6 | 16.2 |
| S&P 500 Index | 0.9 | 7.9 | 6.1 | -2.7 | 20.1 |
| Technology Industry | -11.3 | -49.7 | -57.9 | -70.1 | -0.9 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -333.3%
- The company's stock price performance over the past 12 months lags the peer average by -891.2%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Bright Health Group Inc | BHG | 0 | -99.7 | -99.9 | -99.9 | 0 |
| Peer Avg | N/A | 1.0 | 42.7 | 12.6 | -3.0 | 61.6 |
| Principal Financial Group Inc - Registered Shares | PFG | 3.9 | -17.6 | 0.7 | ||
| Oscar Health Inc - Class A | OSCR | 0 | 188.6 | 49.8 | -12.1 | 246.3 |
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