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

Mill Creek Capital Advisors LLC purchased a new stake in The Beachbody Company, Inc. (NYSE:BODI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 32,485 shares of the company’s stock, valued at approximately $186,000.

Beachbody Price Performance

Shares of BODI stock opened at $6.61 on Monday. The firm’s 50 day moving average price is $6.38 and its two-hundred day moving average price is $7.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.54 and a current ratio of 0.64. The Beachbody Company, Inc. has a 52-week low of $5.14 and a 52-week high of $13.45. The stock has a market cap of $45.74 million, a PE ratio of -0.42 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating and issued a $12.00 target price on shares of Beachbody in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price 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.