Large Outflow of Money Witnessed in Surgical Care Affiliates

Surgical Care Affiliates (SCAI) : The value of composite uptick trades was $1.86 million, whereas, the value of composite downtick trades was $5.77 million. The uptick to downtick ratio stood at 0.32 with a negative money flow of ($3.91) Million during Tuesdays trading session. The block trades money flow was negative ($3.78 million).The uptick to the downtick ratio of 0.15 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.67 million. The transaction of the trades on downticks amounted to $4.45 million, which confirms investors selling on the strength of price. Surgical Care Affiliates (SCAI) gained 31 cents at $49.91, an increase of 0.63% over the previous days close.


The company Insiders own 3.3% of Surgical Care Affiliates shares according to the proxy statements. In an insider trading activity, The Securities and Exchange Commission has divulged that Rucker Michael A., officer (Chief Operating Officer) of Surgical Care Affiliates, Inc., had unloaded 17,500 shares at an average price of $47.35 in a transaction dated on July 5, 2016. The total value of the transaction was worth $828,625.

Shares of Surgical Care Affiliates, Inc. rose by 5.34% in the last five trading days and 7.99% for the last 4 weeks. Surgical Care Affiliates, Inc. is up 6.14% in the last 3-month period. Year-to-Date the stock performance stands at 25.92%.

Surgical Care Affiliates (NASDAQ:SCAI): stock turned positive on Tuesday. Though the stock opened at $49.77, the bulls momentum made the stock top out at $50.53 level for the day. The stock recorded a low of $49.125 and closed the trading day at $50.13, in the green by 1.07%. The total traded volume for the day was 306,556. The stock had closed at $49.6 in the previous days trading.

Surgical Care Affiliates, Inc. (Surgical Care Affiliates) is a national provider of solutions to physicians, health systems and payors. The Company operates a network of outpatient surgery facilities in the United States, which as of December 31, 2014, consisted of 179 ambulatory surgery centers (ASCs), six surgical hospitals and one sleep center with 11 locations. Surgical Care Affiliates offers tools and systems in the areas of clinical benchmarking, clinical best practices, operating efficiency, care coordination and supply chain management. Surgical Care Affiliates network of facilities includes ASCs, surgical hospitals and hospital surgery departments. As of December 31, 2014, Surgical Care Affiliates owned and operated facilities in partnership with 42 health systems and approximately 2,000 physician partners. As of December 31, 2014, case mix in the Companys portfolio included orthopedic, ophthalmology, gastroenterology, ENT, pain and general surgery.

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