Mill Creek Capital Advisors LLC Buys New Holdings in The Beachbody Company, Inc. (NYSE:BODI)

Mill Creek Capital Advisors LLC purchased a new position in shares of The Beachbody Company, Inc. (NYSE:BODI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 32,485 shares of the company’s stock, valued at approximately $186,000. Mill Creek Capital Advisors LLC owned approximately 0.47% of Beachbody at the end of the most recent reporting period.

Beachbody Trading Down 2.9 %

Shares of Beachbody stock opened at $6.61 on Monday. The stock has a market capitalization of $45.74 million, a P/E ratio of -0.42 and a beta of 1.12. The Beachbody Company, Inc. has a 12-month low of $5.14 and a 12-month high of $13.45. The company has a quick ratio of 0.54, a current ratio of 0.64 and a debt-to-equity ratio of 0.17. The company has a 50-day simple moving average of $6.38 and a 200 day simple moving average of $7.49.

Analysts Set New Price Targets

Separately, Roth Mkm reaffirmed a “buy” rating and set a $12.00 price objective on shares of Beachbody in a report on Thursday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Beachbody has a consensus rating of “Moderate Buy” and a consensus price target of $12.00.

Beachbody Company Profile

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.