AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Privia Health Group Inc. Crosses Above 200-Day Moving Average of $22.29
ByAinvest
Friday, Aug 29, 2025 12:23 pm ET1min read
Privia Health Group Inc (PRVA) shares crossed above their 200-day moving average of $22.29, reaching a high of $23.48 per share and trading up 5.8% on the day. This indicates a bullish trend for the company, with a 52-week range of $16.47 to $26.0899.
Privia Health Group Inc (PRVA) shares experienced a significant uptick on Friday, crossing above their 200-day moving average of $22.29 and reaching a high of $23.48 per share. This move, which saw the stock trading up 5.8% on the day, indicates a bullish trend for the company. The stock's 52-week range is now between $16.47 and $26.0899, reflecting a strong performance over the past year.The stock's performance aligns with Privia Health Group's recent achievements in the Medicare shared savings program. The company reported that its Accountable Care Organizations (ACOs) achieved shared savings of $233.1 million through the Medicare shared savings program for the 2024 performance year, a 32% increase compared to 2023 [1]. This positive result has led to an upward revision in Privia's Adjusted EBITDA guidance for the full year of 2025, now projected to be between $113 million and $116 million [1].
The bullish trend is further supported by the stock's crossing above its 200-day moving average. This technical indicator often signals a change in the stock's momentum, suggesting that the price may continue to rise in the short to medium term. Additionally, the stock's 52-week high of $26.0899 indicates strong investor confidence in the company's future prospects.
Investors should closely monitor Privia Health Group's earnings call for the second quarter of 2025, scheduled to be held on July 2, 2025, for further insights into the company's financial performance and future outlook.
References:
[1] https://seekingalpha.com/news/4490529-privia-healths-acos-report-32-rise-in-medicare-savings
[2] https://www.nasdaq.com/articles/bullish-two-hundred-day-moving-average-cross-prva
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet