Envision Healthcare Holdings (NYSE:EVHC) has tumbled 5.82% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 11.95% in the last four weeks. The stocks have underperformed the S&P 500 by 4.69% during the past week but Envision Healthcare Holdings (NYSE:EVHC) it has outperformed the index in 4 weeks by 10.93%.
Envision Healthcare Holdings (NYSE:EVHC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.54 and $25.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.04, notching a gain of 0.89% for the day. The total traded volume was 6,325,351 . The stock had closed at $25.81 on the previous day.
The company shares have dropped -32.82% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $45.95 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $24.40 and the 200 Day Moving Average price is recorded at $23.06.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Murphy Steven G, officer (SVP of Gov. & Nat. Services) of Envision Healthcare Holdings, Inc., had unloaded 17,021 shares at an average price of $20.45 in a transaction dated on March 15, 2016. The total value of the transaction was worth $348,079.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Oppenheimer downgrades its rating on Envision Healthcare Holdings (NYSE:EVHC). The rating major has initiated the coverage with perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on June 17, 2016. Currently the company Insiders own 4.6% of Envision Healthcare Holdings shares according to the proxy statements.
Envision Healthcare Holdings, Inc. is a holding company. The Company provides physician-led, outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings, Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response, Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments, anesthesiology, hospitalist or inpatient, radiology, teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition, AMR operates emergency (911) call and response service. It offers contracted medical staffing, and provides telephone triage, transportation dispatch and demand management services. It brands include EmCare and AMR.