NeueHealth, Inc. (NYSE:NEUE – Get Free Report) shares dropped 5.3% during mid-day trading on Friday . The company traded as low as $4.90 and last traded at $5.00. Approximately 7,014 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 21,341 shares. The stock had previously closed at $5.28.
NeueHealth Price Performance
The stock’s fifty day moving average is $5.34 and its 200-day moving average is $6.04. The stock has a market cap of $41.12 million, a PE ratio of -0.04 and a beta of 0.76.
NeueHealth (NYSE:NEUE – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($6.42) earnings per share (EPS) for the quarter. NeueHealth had a negative return on equity of 5.90% and a negative net margin of 90.79%. The firm had revenue of $225.99 million for the quarter. On average, sell-side analysts expect that NeueHealth, Inc. will post -10.87 EPS for the current fiscal year.
Institutional Trading of NeueHealth
About NeueHealth
NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.
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