Company Shares of Mednax Inc (NYSE:MD) Rally 4.37%

Mednax Inc (NYSE:MD) : Traders are bullish on Mednax Inc (NYSE:MD) as it has outperformed the S&P 500 by a wide margin of 8.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.05%, 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 4.37% in the last 1 week, and is up 10.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -0.84% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $86.09 and the one year low was seen on Feb 4, 2016. The 50-Day Moving Average price is $69.90 and the 200 Day Moving Average price is recorded at $68.04.

The stock has recorded a 20-day Moving Average of 7.46% and the 50-Day Moving Average is 9.18%.


Mednax Inc (NYSE:MD): stock turned positive on Friday. Though the stock opened at $74.22, the bulls momentum made the stock top out at $76.26 level for the day. The stock recorded a low of $74.22 and closed the trading day at $75.98, in the green by 3.08%. The total traded volume for the day was 898,814. The stock had closed at $73.71 in the previous days trading.

In an insider trading activity, Andreano Dominic J, officer (SVP, General Counsel and Secy) of Mednax, Inc., unloaded 3,922 shares at an average price of $68.8 on June 13, 2016. The total amount of the transaction was worth $269,834, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

MEDNAX, Inc. (MEDNAX) is a provider of physician services, including newborn, maternal-fetal and other pediatric subspecialty care. The Company provides clinical care to babies born prematurely or with complications within specific hospital units, primarily neonatal intensive care units (NICUs). It provides anesthesia care at more than 90 hospitals, 100 ambulatory surgery centers and office-based practices with over 950 of its affiliated anesthesiologists. It provides acute and chronic pain management services in over 20 pain management centers through its network of physicians and physician assistants. It provides inpatient and office-based clinical care to expectant mothers and their unborn babies through its over 245 affiliated maternal-fetal medicine subspecialists, as well as obstetricians and other clinicians. Its network includes other pediatric subspecialists, such as pediatric intensivists, pediatric hospitalists and pediatric surgeons.

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