Agilon Health Inc (NYSE:AGL) shares, rose in value on Thursday, May 08, with the stock price down by -5.01% to the previous day’s close as strong demand from buyers drove the stock to $3.22.
Actively observing the price movement in the last trading, the stock closed the session at $3.39. Referring to stock’s 52-week performance, its high was $7.73, and the low was $1.50. On the whole, AGL has fluctuated by -39.93% over the past month.
With the market capitalization of Agilon Health Inc currently standing at about $1.33 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AGL currently trading nearly -25.79% and -22.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.94, while the 7-day volatility ratio is showing 14.71% which for the 30-day chart, stands at 11.64%. Furthermore, Agilon Health Inc (AGL)’s beta value is 0.38, and its average true range (ATR) is 0.47.
A comparison of Agilon Health Inc (AGL) with its peers suggests the former has fared considerably weaker in the market. AGL showed an intraday change of -5.01% in last session, and over the past year, it shrunk by -33.33%%.
Data on historical trading for Agilon Health Inc (NYSE:AGL) indicates that the trading volumes over the past 3 months, they’ve averaged 6.26 million. According to company’s latest data on outstanding shares, there are 413.02 million shares outstanding.
Nearly 26.86% of Agilon Health Inc’s shares belong to company insiders and institutional investors own 70.62% of the company’s shares. The stock has risen by 69.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGL stock heading into the next quarter.
