Select Medical Holdings Corporation (NYSE:SEM) has been under a strong bear grip, hence the stock is down -8.12% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.29% in the past 1 week. The stock has risen by 1.57% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.63% in the past 4 weeks.
The company shares have dropped -30.73% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $16.11 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.72 and the 200 Day Moving Average price is recorded at $11.19.
The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 9.29%.
Select Medical Holdings Corporation (NYSE:SEM): stock turned positive on Friday. Though the stock opened at $10.65, the bulls momentum made the stock top out at $11.06 level for the day. The stock recorded a low of $10.56 and closed the trading day at $10.98, in the green by 4.57%. The total traded volume for the day was 619,574. The stock had closed at $10.5 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Dalton James E Jr, director of Select Medical Holdings Corp, had unloaded 12,000 shares at an average price of $12.37 in a transaction dated on May 23, 2016. The total value of the transaction was worth $148,440.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.