Bright Health Group Inc Shares Close the Week 20.7% Lower - Weekly Wrap
The company saw its shares close the week 20.7% lower than last week, with trading volume lower than its 30 day average.
Jun 30, 2023 by Kwhen Finance Editors
Bright Health Group Inc (BHG) shares closed this week 20.7% lower than it did at the end of last week. 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 rose 0.5%, and the S&P 500 rose 0.4%.
Trading Activity
- Shares traded as high as $14.57 and as low as $10.66 this week.
- Shares closed 99.9% below its 52-week high and 61.4% above its 52-week low.
- Trading volume this week was 61.6% lower than the 10-day average and 61.9% lower than the 30-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 between 30 and 70.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, 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 | 11.9 | -99.7 | -99.9 | -99.9 | 62.6 |
| Dow Jones Industrial Average | 0.8 | 4.5 | 12.8 | -0.7 | 22.2 |
| S&P 500 Index | 1.2 | 15.9 | 17.5 | -0.5 | 28.8 |
| Technology Industry | -4.6 | -63.2 | -68.9 | -77.0 | 7.0 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -275.9%
- The company's stock price performance over the past 12 months lags the peer average by -485.4%
| 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 | 62.6 |
| Peer Avg | N/A | 1.1 | 56.7 | 25.9 | -4.0 | 76.2 |
| Principal Financial Group Inc - Registered Shares | PFG | 4.3 | -7.4 | 17.3 | ||
| Oscar Health Inc - Class A | OSCR | 0 | 234.1 | 86.4 | -16.1 | 304.9 |
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