Cano Health, Inc. (NYSE:CANO – Get Rating)’s stock price fell 9.2% on Monday . The stock traded as low as $4.62 and last traded at $4.65. 123,208 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,608,061 shares. The stock had previously closed at $5.12.
Analyst Ratings Changes
Several research firms have recently weighed in on CANO. Raymond James began coverage on shares of Cano Health in a research note on Friday, June 24th. They issued an “outperform” rating and a $8.00 price target on the stock. Bank of America downgraded shares of Cano Health from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $8.00 to $6.00 in a research note on Wednesday, June 15th. Cowen decreased their price target on shares of Cano Health from $13.00 to $10.00 in a research note on Tuesday, May 10th. Cowen decreased their price target on shares of Cano Health from $13.00 to $10.00 in a research note on Tuesday, May 10th. Finally, Piper Sandler decreased their price target on shares of Cano Health from $5.00 to $4.00 in a research note on Tuesday, May 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $10.80.
Cano Health Stock Down 2.3 %
The business’s 50-day simple moving average is $5.40 and its two-hundred day simple moving average is $5.60. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.02 and a current ratio of 2.02.
Institutional Investors Weigh In On Cano Health
About Cano Health
Cano Health, Inc provides primary care medical services to its members in the United States and Puerto Rico. It owns and operates medical centers enabled by CanoPanorama, a proprietary population health management technology-powered platform that provides the healthcare providers at its medical centers with a 360-degree view of their members with actionable insights to improve care decisions and member engagement.
- Get a free copy of the StockNews.com research report on Cano Health (CANO)
- Are These 3 Video Game Stocks Now In Play?
- 2 Long-Term EV Plays Trading Under $20
- Exxon, Occidental Petroleum Lead Heavy Month Of Insider Buying
- Why Apple is Primed to Take a Bite Out of Live Sports
- Home Depot Results Point To Sluggish 2nd Half
Receive News & Ratings for Cano Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cano Health and related companies with MarketBeat.com's FREE daily email newsletter.