Universal Health Services (UHS) : Net money flow in Universal Health Services (UHS) was negative ($20.63 million) and the inflow of money on uptick was $15.86 million, whereas, the outflow of money on downticks amounted to $36.49 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.43. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $18.5 million. The money flow in block trades was negative ($18.5). Universal Health Services (UHS) gained $0.12 cent during the day and reached $136, a gain of 0.09% over the previous day.
Also, Equity analysts at the Brokerage firm Ladenburg Thalmann upgrades its rating on Universal Health Services (NYSE:UHS). The rating major has initiated the coverage with outperform rating on the shares. Earlier, the shares were rated a Not Rated by the brokerage firm. The rating by the firm was issued on June 13, 2016.
Universal Health Services (NYSE:UHS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $136.14 and $135.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $136.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $136.00, notching a gain of 0.09% for the day. The total traded volume was 629,066 . The stock had closed at $135.88 on the previous day.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 1.01%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Universal Health Services Inc, Osteen Debra K had sold 6,756 shares worth of $934,152 in a transaction dated June 9, 2016. In this transaction, 6,756 shares were sold at $138.27 per share.
Universal Health Services, Inc. is a holding company. The Company operates through its subsidiaries, which owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. The Companys segments include acute care hospital services, behavioral health care services and Other. The Companys ambulatory treatment centers division includes managing and/or owning or in partnerships with physicians, five surgical hospitals and surgery and radiation oncology centers located in four states. Its services include general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. It provides capital resources, as well as various management services to its facilities. The Companys subsidiary is UHS of Delaware, Inc.