AMN Healthcare Services Inc (NYSE:AHS) has tumbled 4.25% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 8.32% in the last four weeks. The stocks have underperformed the S&P 500 by 3.1% during the past week but AMN Healthcare Services Inc (NYSE:AHS) it has outperformed the index in 4 weeks by 7.33%.
AMN Healthcare Services Inc (NYSE:AHS): The stock opened at $39.32 on Friday but the bulls could not build on the opening and the stock topped out at $39.76 for the day. The stock traded down to $38.22 during the day, due to lack of any buying support eventually closed down at $38.27 with a loss of -2.45% for the day. The stock had closed at $39.23 on the previous day. The total traded volume was 1,809,202 shares.
The company shares have rallied 24.82% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $41.38 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $37.39 and the 200 Day Moving Average price is recorded at $32.06.
On the companys insider trading activities,The director officer (President and CEO) of Amn Healthcare Services Inc, Salka Susan R sold 30,000 shares at $40 on June 7, 2016. The Insider selling transaction had a total value worth of $1,200,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Lake Street initiates coverage on AMN Healthcare Services Inc (NYSE:AHS) . The global brokerage major announces a current price target of $46 per share. Analysts at the Lake Street have a current rating of Buy on the shares. The rating by the firm was issued on May 31, 2016. Currently the company Insiders own 2.6% of AMN Healthcare Services Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.02% . Institutional Investors own 95.98% of AMN Healthcare Services Inc shares. During last six month period, the net percent change held by insiders has seen a change of -18.53%.
AMN Healthcare Services, Inc. (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Companys workforce solutions include managed services programs (MSP), vendor management systems (VMS), recruitment process outsourcing (RPO), workforce consulting services, predictive modeling, staff scheduling and the placement of physicians, nurses and allied healthcare professionals into temporary and permanent positions enable its clients to reduce staffing complexity, increase efficiency and improve patient outcomes within the rapidly evolving healthcare environment. The Companys clients include acute and sub-acute care hospitals, community health centers and clinics, physician practice groups, home health facilities and several other healthcare settings. The Company provides its services through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.