HCA Holdings (NYSE:HCA) has tumbled 2.67% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.4% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.5%. HCA Holdings (NYSE:HCA) has underperformed the index by 0.51% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
HCA Holdings (NYSE:HCA): The stock opened at $77.72 on Friday but the bulls could not build on the opening and the stock topped out at $78.46 for the day. The stock traded down to $76.82 during the day, due to lack of any buying support eventually closed down at $77.43 with a loss of -0.30% for the day. The stock had closed at $77.66 on the previous day. The total traded volume was 3,211,195 shares.
The company shares have dropped -8.38% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $95.49 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $78.67 and the 200 Day Moving Average price is recorded at $73.17.
On the companys insider trading activities, The officer (SVP-Internal Audit Services), of Hca Holdings, Inc., Steakley Joseph N had unloaded 44,203 shares at $76.42 per share in a transaction on May 24, 2016. The total value of transaction was $3,377,993. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Bernstein initiates coverage on HCA Holdings (NYSE:HCA) The current rating of the shares is Market Perform. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 3.1% of HCA Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.59% . Institutional Investors own 75.63% of HCA Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -21.59%.
HCA Holdings, Inc. is a holding company. The Company is a health care services company. The Company owns, manages or operates hospitals, freestanding surgery centers, diagnostic and imaging centers, radiation and oncology therapy centers, rehabilitation and physical therapy centers and various other facilities. The Companys general, acute care hospitals provide a range of services to accommodate medical specialties, such as internal medicine, general surgery, cardiology, oncology, neurosurgery, orthopedics and obstetrics, as well as diagnostic and emergency services. The general, acute care hospitals also provide outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology and physical therapy. Outpatient and ancillary health care services are provided by the Companys general, acute care hospitals, freestanding surgery centers, freestanding emergency care facilities, diagnostic centers and rehabilitation facilities.