HMS Holdings Corp (HMSY) : Traders are bullish on HMS Holdings Corp (HMSY) as it has outperformed the S&P 500 by a wide margin of 3.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.07% in the last 1 week, and is up 2.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 10.16%.The 200 Day SMA reached 44.34%. HMS Holdings Corp. is up 24.17% in the last 3-month period. Year-to-Date the stock performance stands at 79.82%.
HMS Holdings Corp (NASDAQ:HMSY): After opening at $22.15, the stock dipped to an intraday low of $21.95 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.38 and the buying power remained strong till the end. The stock closed at $22.19 for the day, a gain of 1.19% for the day session. The total traded volume was 437,182. The stocks close on the previous trading day was $21.93.
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. The Companys customers are government health agencies, including Centers for Medicare & Medicaid Services (CMS), the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies, and other healthcare payers and sponsors. As of December 31, 2014, the Company also provided services to approximately 220 commercial customers and supported their multiple lines of business, including Medicaid managed care, Medicare Advantage and group and individual health.