Mednax Inc (MD) Shares are Down -0.99%

Mednax Inc (MD) : During the past 4 weeks, traders have been relatively bearish on Mednax Inc (MD), hence the stock is down -13.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.05% relative to the S&P 500. The 4-week change in the price of the stock is -12.31% and the stock has fallen -0.99% in the past 1 week.

The stock has recorded a 20-day Moving Average of 7.05% and the 50-Day Moving Average is 7.48%. Mednax Inc (NYSE:MD): stock turned positive on Friday. Though the stock opened at $65.53, the bulls momentum made the stock top out at $65.89 level for the day. The stock recorded a low of $65.53 and closed the trading day at $65.75, in the green by 0.08%. The total traded volume for the day was 502,311. The stock had closed at $65.7 in the previous days trading.


The company Insiders own 2.4% of Mednax Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.06% . Institutional Investors own 97.53% of Mednax Inc shares. During last six month period, the net percent change held by insiders has seen a change of -13.97%. Also, JP Morgan maintains its view on Mednax Inc (NYSE:MD) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. JP Morgan lowers the price target from $85 per share to $80 per share on Mednax Inc. The rating by the firm was issued on July 29, 2016.

MEDNAX, Inc. (MEDNAX) is a provider of physician services, including newborn, maternal-fetal and other pediatric subspecialty care. The Company provides clinical care to babies born prematurely or with complications within specific hospital units, primarily neonatal intensive care units (NICUs). It provides anesthesia care at more than 90 hospitals, 100 ambulatory surgery centers and office-based practices with over 950 of its affiliated anesthesiologists. It provides acute and chronic pain management services in over 20 pain management centers through its network of physicians and physician assistants. It provides inpatient and office-based clinical care to expectant mothers and their unborn babies through its over 245 affiliated maternal-fetal medicine subspecialists, as well as obstetricians and other clinicians. Its network includes other pediatric subspecialists, such as pediatric intensivists, pediatric hospitalists and pediatric surgeons.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.