Bright Health Group (NYSE:BHG) Shares Down 1.5%

Bright Health Group, Inc. (NYSE:BHG)’s stock price fell 1.5% during mid-day trading on Thursday . The stock traded as low as $6.04 and last traded at $6.06. 4,713 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 72,717 shares. The stock had previously closed at $6.15.

Bright Health Group Stock Up 3.1 %

The firm’s 50-day moving average is $6.83 and its 200-day moving average is $7.68. The company has a market capitalization of $49.89 million, a PE ratio of -0.03 and a beta of 0.93.

Institutional Trading of Bright Health Group

An institutional investor recently raised its position in Bright Health Group stock. Group One Trading L.P. grew its position in shares of Bright Health Group, Inc. (NYSE:BHG) by 2,401.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,704 shares of the company’s stock after acquiring an additional 7,396 shares during the period. Group One Trading L.P. owned about 0.10% of Bright Health Group worth $46,000 as of its most recent SEC filing.

Bright Health Group Company Profile

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.