Bright Health Group Inc Shares Close the Day 23.4% Lower - Daily Wrap

The company saw its shares close the day 23.4% lower than yesterday, with trading volume higher than its 30 day average.

May 25, 2023 by Kwhen Finance Editors

Bright Health Group Inc Shares Close the Day 23.4% Lower - Daily Wrap
Bright Health Group Inc (BHG) shares closed today 23.4% lower than it did at the end of yesterday. 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. Today, the Dow Jones Industrial Average fell 0.1%, and the S&P 500 rose 0.9%.

Trading Activity

  • Shares traded as high as $1209.60 and as low as $10.41 this week.
  • Shares closed 99.9% below its 52-week high and 22.6% below its 52-week low.
  • Trading volume this week was 103.2% higher than the 10-day average and 572.4% higher 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 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 lags the S&P 500 Index today, 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 today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Bright Health Group Inc-23.4-99.7-99.9-99.90.0
Dow Jones Industrial Average-0.10.05.1-4.616.2
S&P 500 Index0.97.96.1-2.720.1
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%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Bright Health Group IncBHG0-99.7-99.9-99.90
Peer AvgN/A1.042.712.6-3.061.6
Principal Financial Group Inc - Registered SharesPFG3.9-17.60.7
Oscar Health Inc - Class AOSCR0188.649.8-12.1246.3

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