Premier Stock Today

PHA Stock  CAD 0.36  0.02  5.26%   

Market Performance

12 of 100


Odds Of Distress

Less than 19

Premier Health is selling for under 0.36 as of the 2nd of October 2023; that is -5.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.36. Premier Health has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Premier Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2023 and ending today, the 2nd of October 2023. Click here to learn more.
Business Domain
Health Care Equipment & Services
Health Care
Premier Health of America Inc., a specialized healthcare services company, provides staffing and outsourced service solutions for healthcare needs in Canada. It serves governments, corporations, individuals, public and private hospitals, medical clinics, and retirement homes. The company has 55.39 M outstanding shares of which 10.5 K shares are at this time shorted by private and institutional investors with about 0.17 days to cover all short positions. More on Premier Health

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Follow Valuation Odds of Bankruptcy
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Premier Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Premier Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Premier Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaHealth Management (view all)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Premier Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Premier Health (PHA) is traded on TSX Venture Exchange in Canada and employs 5 people. Premier Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Premier Health's market, we take the total number of its shares issued and multiply it by Premier Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Premier Health classifies itself under Health Care Providers & Services sector and is part of Health Care industry. The entity has 55.39 M outstanding shares of which 10.5 K shares are at this time shorted by private and institutional investors with about 0.17 days to cover all short positions. Premier Health has accumulated about 5.52 M in cash with 4.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Premier Health Probability Of Bankruptcy
Premier Health has a total of 55.39 Million outstanding shares. Premier Health has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Premier Ownership Details

Premier Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Premier Health jumping above the current price in 90 days from now is about 58.79%. The Premier Health probability density function shows the probability of Premier Health stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Premier Health has a beta of -1.3532 indicating as returns on its benchmark rise, returns on holding Premier Health are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Premier Health is expected to outperform its benchmark. Additionally, the company has an alpha of 0.6026, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.36HorizonTargetOdds Above 0.36
41.08%90 days
Based on a normal probability distribution, the odds of Premier Health to move above the current price in 90 days from now is about 58.79 (This Premier Health probability density function shows the probability of Premier Stock to fall within a particular range of prices over 90 days) .

Premier Health Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Premier Health market risk premium is the additional return an investor will receive from holding Premier Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Premier Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Premier Health's alpha and beta are two of the key measurements used to evaluate Premier Health's performance over the market, the standard measures of volatility play an important role as well.

Premier Stock Against Markets

Picking the right benchmark for Premier Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Premier Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Premier Health is critical whether you are bullish or bearish towards Premier Health at a given time. Please also check how Premier Health's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Premier Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Premier Health Corporate Management

Elected by the shareholders, the Premier Health's board of directors comprises two types of representatives: Premier Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Premier. The board's role is to monitor Premier Health's management team and ensure that shareholders' interests are well served. Premier Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Premier Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin LegaultPresident, FounderProfile
Me LBCorp DirectorProfile
Eric DupontChief OfficerProfile
JeanRobert MBAVP DirectorProfile
Simon CFAInterim OfficerProfile

How to buy Premier Stock?

Before investing in Premier Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Premier Health. To buy Premier Health stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Premier Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Premier Health stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Premier Health stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Premier Health stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Premier Health, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Premier Health?

The danger of trading Premier Health is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Premier Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Premier Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Premier Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Premier Stock analysis

When running Premier Health's price analysis, check to measure Premier Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premier Health is operating at the current time. Most of Premier Health's value examination focuses on studying past and present price action to predict the probability of Premier Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier Health's price. Additionally, you may evaluate how the addition of Premier Health to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Premier Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.