AGL Stock Summary and Trading Ideas (Agilon Health | NYSE:AGL)

Agilon Health Inc is transforming healthcare by empowering primary care physicians for the health of the patients. The company enables physicians to create their own Medicare-centric globally capitated line of business. The company derives its revenue from Medical services.

Agilon Health trades on the NYSE stock market under the symbol AGL.

As of May 13, 2024, AGL stock price climbed to $5.21 with 4,430,575 million shares trading.

AGL has a beta of -0.84, meaning it tends to be less sensitive to market movements. AGL has a correlation of 0.02 to the broad based SPY ETF.

AGL has a market cap of $2.14 billion. This is considered a Mid Cap stock.

Last quarter Agilon Health reported $2 billion in Revenue and $.01 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.02.

In the last 3 years, AGL stock traded as high as $44.83 and as low as $4.41.

The top ETF exchange traded funds that AGL belongs to (by Net Assets): VTI, VB, VXF, VBK, VHT.

AGL has underperformed the market in the last year with a return of -79.2%, while the SPY ETF gained +27.8%. In the last 3 month period, AGL fell short of the market, returning -23.6%, while SPY returned +4.3%. However, in the most recent 2 weeks AGL has outperformed the stock market by returning +4.2%, while SPY returned +2.5%.

AGL support price is $4.88 and resistance is $5.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGL stock will trade within this expected range on the day.