agilon health (NYSE:AGL) Trading Down 5.3% – Time to Sell?

agilon health, inc. (NYSE:AGL)’s share price was down 5.3% during trading on Thursday . The company traded as low as $4.15 and last traded at $4.17. Approximately 1,123,403 shares changed hands during trading, a decline of 80% from the average daily volume of 5,738,973 shares. The stock had previously closed at $4.40.

Analyst Ratings Changes

Several research analysts have weighed in on AGL shares. Citigroup upgraded shares of agilon health from a “sell” rating to a “neutral” rating and upped their target price for the stock from $1.75 to $2.25 in a research report on Friday, January 10th. Needham & Company LLC restated a “hold” rating on shares of agilon health in a report on Friday. Macquarie assumed coverage on shares of agilon health in a research report on Monday, December 16th. They issued a “neutral” rating and a $3.00 price target on the stock. Stifel Nicolaus raised their price target on agilon health from $2.00 to $3.00 and gave the stock a “hold” rating in a research report on Wednesday, February 26th. Finally, Sanford C. Bernstein upped their target price on shares of agilon health from $2.50 to $3.15 and gave the company a “market perform” rating in a report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $3.95.

agilon health Price Performance

The company has a market capitalization of $1.86 billion, a P/E ratio of -4.80 and a beta of 0.67. The business has a 50 day simple moving average of $3.51 and a 200-day simple moving average of $2.95. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On agilon health

Institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in agilon health during the third quarter worth about $28,000. Oak Thistle LLC acquired a new stake in agilon health in the fourth quarter valued at approximately $25,000. Ieq Capital LLC acquired a new stake in shares of agilon health in the fourth quarter valued at about $26,000. Signaturefd LLC lifted 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 during the last quarter. Finally, Humankind Investments LLC bought a new stake in shares of agilon health in the fourth quarter valued at approximately $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.