Select Medical Holdings Corporation (SEM) : Traders are bullish on Select Medical Holdings Corporation (SEM) as it has outperformed the S&P 500 by a wide margin of 13.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.2%, 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 6.77% in the last 1 week, and is up 11.03% 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 7.44% and the 50-Day Moving Average is 10.02%.The 200 Day SMA reached 12.41% Select Medical Holdings Corporation is up 16.82% in the last 3-month period. Year-to-Date the stock performance stands at 7.3%.
Select Medical Holdings Corporation (SEM) : Average target price received by Select Medical Holdings Corporation (SEM) is $13.17 with an expected standard deviation of $3.75. The most aggressive target on the stock is $17, whereas the most downbeat target is $10. 3 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Select Medical Holdings Corporation (NYSE:SEM): The stock opened at $12.32 and touched an intraday high of $12.8 on Friday. During the day, the stock corrected to an intraday low of $12.24, however, the bulls stepped in and pushed the price higher to close in the green at $12.78 with a gain of 2.98% for the day. The total traded volume for the day was 1,294,680. The stock had closed at $12.78 in the previous trading session.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.