Amsurg (AMSG) : Traders are bullish on Amsurg (AMSG) as it has outperformed the S&P 500 by a wide margin of 0.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.33%, relative to the S&P 500. The stock has risen by 3.5% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.36% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.49% and the 50-Day Moving Average is 1.03%.The 200 Day SMA reached 8.05%
Amsurg (NASDAQ:AMSG): After opening at $66.37, the stock dipped to an intraday low of $65 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $67.46 and the buying power remained strong till the end. The stock closed at $67.05 for the day, a gain of 1.54% for the day session. The total traded volume was 714,367. The stocks close on the previous trading day was $67.05.
Amsurg (AMSG) : The highest short term price target forecast on Amsurg (AMSG) is $100 and the lowest target price is $87. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $94.33 with a standard deviation of $4.69.
AmSurg Corp. is the owner and operator of ambulatory surgery centers (ASCs) in the United States. The Company is also a provider of outsourced physician services in the areas of anesthesiology, childrens services, emergency medicine and radiology. The Company operates in two segments: ambulatory surgery services and outsourced physician services. The ambulatory services segment, which acquires, develops and operates ambulatory surgery centers in partnership with physicians. The physician services segment, which provides outsourced physician services in multiple specialties to hospitals, ambulatory surgery centers and other healthcare facilities, primarily in the areas of anesthesiology, childrens services, emergency medicine and radiology. It operated approximately 246 ASCs in over 34 states and the District of Columbia in partnership with approximately 2,000 physicians, and provided physician services to over 320 healthcare facilities in 24 states.