Large Inflow of Money Detected in Envision Healthcare Holdings

Envision Healthcare Holdings (EVHC) stock had a bullish inflow of $3.72 million worth of trades on uptick and an outflow of $1.92 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.94. The net money flow into the stock was $1.8 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.95 million. $1.95 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Envision Healthcare Holdings (EVHC) stock traded down $0.03 , and reached $25.75, a drop of -0.12% over the previous day. On a weekly basis, the stock is -0.23%, over the previous weeks close.


Also, Oppenheimer downgrades its view on Envision Healthcare Holdings (NYSE:EVHC) according to the research report released by the firm to its investors. The shares have now been rated Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on June 17, 2016.

Envision Healthcare Holdings (NYSE:EVHC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.78 and $25.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.05, notching a gain of 1.05% for the day. The total traded volume was 1,998,937 . The stock had closed at $25.78 on the previous day.

The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 3.44%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP of Gov. & Nat. Services) of Envision Healthcare Holdings, Inc., Murphy Steven G had sold 17,021 shares worth of $348,079 in a transaction dated March 15, 2016. In this transaction, 17,021 shares were sold at $20.45 per share.

Envision Healthcare Holdings, Inc. is a holding company. The Company provides physician-led, outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings, Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response, Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments, anesthesiology, hospitalist or inpatient, radiology, teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition, AMR operates emergency (911) call and response service. It offers contracted medical staffing, and provides telephone triage, transportation dispatch and demand management services. It brands include EmCare and AMR.

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