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

Shares of Bright Health Group, Inc. (NYSE:BHG) traded down 1.5% on Thursday . The company 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 stock has a market cap of $49.89 million, a price-to-earnings ratio of -0.03 and a beta of 0.93. The company has a 50 day simple moving average of $6.83 and a 200 day simple moving average of $7.68.

Hedge Funds Weigh In On Bright Health Group

A hedge fund recently raised its stake in Bright Health Group stock. Group One Trading L.P. lifted its holdings in shares of Bright Health Group, Inc. (NYSE:BHG) by 2,401.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,704 shares of the company’s stock after purchasing an additional 7,396 shares during the period. Group One Trading L.P. owned 0.10% of Bright Health Group worth $46,000 as of its most recent filing with the SEC.

About Bright Health Group

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.