Bright Health Group (NYSE:BHG) Shares Down 5.8% – Here’s What Happened

Bright Health Group, Inc. (NYSE:BHGGet Free Report) shares were down 5.8% during trading on Friday . The stock traded as low as $4.82 and last traded at $4.84. Approximately 44,768 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 72,717 shares. The stock had previously closed at $5.14.

Bright Health Group Trading Down 5.8 %

The business has a 50-day moving average of $7.05 and a 200 day moving average of $6.06. The firm has a market capitalization of $38.63 million, a P/E ratio of -0.02 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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