Auna (NYSE:AUNA) Shares Down 6.5% – Here’s Why

Auna SA (NYSE:AUNA) shares dropped 6.5% during trading on Wednesday . The company traded as low as $7.00 and last traded at $7.02. Approximately 28,150 shares changed hands during trading, a decline of 86% from the average daily volume of 201,363 shares. The stock had previously closed at $7.51.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price target on Auna from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, September 20th.

Auna Stock Performance

The stock’s 50-day moving average is $7.05 and its 200-day moving average is $7.64. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.81 and a current ratio of 0.88.

Hedge Funds Weigh In On Auna

Institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC acquired a new position in Auna during the 2nd quarter worth approximately $105,000. Point72 DIFC Ltd raised its position in shares of Auna by 75.3% during the third quarter. Point72 DIFC Ltd now owns 55,987 shares of the company’s stock worth $387,000 after purchasing an additional 24,056 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Auna during the second quarter worth approximately $621,000. Deltec Asset Management LLC lifted its holdings in shares of Auna by 12.5% in the 3rd quarter. Deltec Asset Management LLC now owns 136,122 shares of the company’s stock worth $941,000 after purchasing an additional 15,122 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in Auna during the 2nd quarter valued at $1,148,000.

About Auna

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.