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Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


GREY:SLHGF - Post by User

Post by StockHawk1on Aug 25, 2021 5:40pm
198 Views
Post# 33765277

Reversal of downward trend?

Reversal of downward trend?

Recently, Skylight Health Group ( $SLHG.V $SLHG)  released their Q2 financial results 


In the second quarter revenue increased 184%, up 103% from $5.2 million from Q1 2021. About  13% of this growth was organic growth from existing Primary Care clinics


Despite these financials being $SLHG 's best second quarter yet, their stock price has been on a downtrend. 


currently SLHG.v is trading @ $3.90 with a MC of $149.53M 


This is 2% up from yesterday and I anticipate that we will continue to see a reversal of the recent downward trend, which didn't seem to reflect the good news that was happening internally with Skylight. 


For those not invested yet it could be a great time to get in while it is this cheap.  


You can check out the full Q2 financials here: 

https://finance.yahoo.com/news/skylight-health-group-reports-record-200500927.html

 
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