Shares of HMS Holdings Corp (HMSY) Sees Large Inflow of Net Money Flow

HMS Holdings Corp (HMSY) : HMS Holdings Corp (HMSY) had a healthy money flow of $1.37 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $1.81 million, whereas, investors only sold shares worth $0.44 million on downticks. The stock closed the day with an up-down ratio of 4.11.The money flow in the block trades to the tune of $1.41 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.41 million worth of transactions were on upticks. HMS Holdings Corp (HMSY) stock slid $0.06 intraday and traded at 18.79, a change of -0.29% over previous days close. However, for the week, the company shares are -0.61% compared to previous weeks close.


HMS Holdings Corp (HMSY) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $22 and the lowest price target forecast is $18. The average forecast of all the analysts is $19.58 and the expected standard deviation is $1.74.

HMS Holdings Corp (NASDAQ:HMSY): On Fridays trading session , Opening price of the stock was $18.79 with an intraday high of $18.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.51. However, the stock managed to close at $18.81, a loss of 0.16% for the day. On the previous day, the stock had closed at $18.84. The total traded volume of the day was 325,986 shares.

In a related news, Lucia William C, director officer (Chairman, President and CEO) of Hms Holdings Corp, unloaded 152,025 shares at an average price of $17.79 on June 20, 2016. The total amount of the transaction was worth $2,704,525, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. The Companys customers are government health agencies, including Centers for Medicare & Medicaid Services (CMS), the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies, and other healthcare payers and sponsors. As of December 31, 2014, the Company also provided services to approximately 220 commercial customers and supported their multiple lines of business, including Medicaid managed care, Medicare Advantage and group and individual health.

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