agilon health (NYSE:AGL) Stock Price Up 7.7% – Time to Buy?

agilon health, inc. (NYSE:AGL)’s stock price rose 7.7% on Wednesday . The company traded as high as $3.73 and last traded at $3.71. Approximately 2,453,323 shares changed hands during trading, a decline of 52% from the average daily volume of 5,095,948 shares. The stock had previously closed at $3.44.

Analyst Ratings Changes

AGL has been the subject of a number of analyst reports. Macquarie initiated coverage on agilon health in a research note on Monday, December 16th. They set a “neutral” rating and a $3.00 price objective for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $3.00 price target on shares of agilon health in a research note on Tuesday, November 19th. Needham & Company LLC assumed coverage on agilon health in a research note on Friday, January 10th. They issued a “hold” rating for the company. JMP Securities lowered agilon health from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th. Finally, Citigroup raised shares of agilon health from a “sell” rating to a “neutral” rating and raised their price target for the company from $1.75 to $2.25 in a report on Friday, January 10th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $4.03.

agilon health Stock Up 4.2 %

The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm has a market cap of $1.48 billion, a PE ratio of -3.82 and a beta of 0.67. The business’s 50-day simple moving average is $2.74 and its 200 day simple moving average is $3.12.

Insider Buying and Selling at agilon health

In related news, Director Karen Mcloughlin bought 25,000 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average cost of $2.20 per share, for a total transaction of $55,000.00. Following the purchase, the director now directly owns 73,166 shares of the company’s stock, valued at approximately $160,965.20. This trade represents a 51.90 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Diana Mckenzie bought 12,500 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of $2.28 per share, with a total value of $28,500.00. Following the completion of the purchase, the director now directly owns 51,319 shares in the company, valued at $117,007.32. This represents a 32.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 90,000 shares of company stock valued at $198,100. Company insiders own 3.20% of the company’s stock.

Institutional Trading of agilon health

Several institutional investors and hedge funds have recently bought and sold shares of AGL. Oak Thistle LLC acquired a new position in shares of agilon health in the 4th quarter valued at $25,000. Ieq Capital LLC purchased a new stake in shares of agilon health during the fourth quarter worth $26,000. Signaturefd LLC grew its holdings in shares of agilon health by 143.0% during the fourth quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock worth $27,000 after buying an additional 8,467 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of agilon health during the third quarter worth $28,000. Finally, Humankind Investments LLC purchased a new stake in shares of agilon health during the fourth quarter worth $30,000.

agilon health Company Profile

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.