From MarketBeat:

P3 Health Partners Inc. saw its shares trade up 0.9% on Friday, reaching a high of $1.14 before closing at $1.10. The volume of shares traded was 260,477, a 23% decrease from the average. The company’s 50-day moving average is $1.22 and its 200-day moving average is $1.52. The company has a market cap of $344.40 million and a price-to-earnings ratio of 0.00.

In its most recent quarterly earnings report, P3 Health Partners reported ($0.12) EPS, beating analysts’ consensus estimates of ($0.23) by $0.11. The company had a revenue of $288.35 million for the quarter, compared to analysts’ expectations of $286.00 million. Sell-side analysts forecast that P3 Health Partners Inc. will post -0.98 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have been actively involved in trading P3 Health Partners shares. BNP Paribas Arbitrage SNC, Forum Financial Management LP, Goldman Sachs Group Inc., and others have acquired significant stakes in the company, with 23.57% of the stock owned by institutional investors and hedge funds.

P3 Health Partners Inc. is a patient-centered and physician-led population health management company, providing superior care services in the United States through its network of clinics and wellness centers. The company is based in Henderson, Nevada.

This news alert was generated by MarketBeat’s narrative science technology to provide fast and accurate reporting. It was reviewed by MarketBeat’s editorial team. MarketBeat keeps track of top-rated research analysts and the stocks they recommend, but P3 Health Partners currently has a “Moderate Buy” rating.



Read more: P3 Health Partners (NASDAQ:PIII) Trading Up 0.9%