Does Agilon Health Inc (NYSE:AGL) presents a BIG investment opportunity?

Stocks of Agilon Health Inc (NYSE:AGL) traded higher last session on Wall Street, down -8.38% to $6.89.

AGL stock price is now 6.92% away from the 50-day moving average and -17.44% away from the 200-day moving average. The market capitalization of the company currently stands at $2.83B.

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With the price target of $6, Robert W. Baird recently initiated with Neutral rating for Agilon Health Inc (NYSE: AGL). On April 22, 2024, Citigroup recently initiated its ‘Neutral’ rating on the stock quoting a target price of $6, while ‘Barclays’ rates the stock as ‘Underweight’

In other news, Schwaneke Jeffrey A., Director bought 22,300 shares of the company’s stock on Nov 29 ’23. The stock was bought for $250,206 at an average price of $11.22. Upon completion of the transaction, the Director now directly owns 31,931 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’23, Chief Markets Officer Shaker Benjamin sold 18,750 shares of the business’s stock. A total of $337,455 was realized by selling the stock at an average price of $18.00. This leaves the insider owning 79,543 shares of the company worth $0.55 million. A total of 26.43% of the company’s stock is owned by insiders.

During the past 12 months, Agilon Health Inc has had a low of $4.41 and a high of $21.52. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 1.33, and a quick ratio of 1.33. The fifty day moving average price for AGL is $6.4736 and a two-hundred day moving average price translates $8.28865 for the stock.

The latest earnings results from Agilon Health Inc (NYSE: AGL) was released for 2024-03-31. The net profit margin was -4.72% and return on equity was -23.94% for AGL. The company reported revenue of $1.6 billion for the quarter, compared to $1.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 52.17 percent.

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