Large Inflow of Money Detected in Healthcare Services Group

Healthcare Services Group (HCSG) : Mondays money flow indicated an uptick to downtick ratio was at 2.59. The total value of inflow transactions on upticks was $2.37 million, whereas, the total value of outflow trades on downticks was $0.91 million. The total money flow was $1.45 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.76 million. The total value of the trades done on upticks was $1.76 million. Healthcare Services Group (HCSG) was trading with a -0.03% change over previous days close. It fell $0.01 during the day and reached $39.17. The stock was -0.13% compared to the previous weeks close.


Shares of Healthcare Services Group Inc. rose by 0.74% in the last five trading days and 1.68% for the last 4 weeks. Healthcare Services Group Inc. is up 2.55% in the last 3-month period. Year-to-Date the stock performance stands at 13.85%.

Healthcare Services Group (NASDAQ:HCSG): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.11 and $38.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.30, notching a gain of 0.31% for the day. The total traded volume was 288,681 . The stock had closed at $39.18 on the previous day.

In a related news,The director of Healthcare Services Group Inc, Frome Robert L sold 3,365 shares at $38.1 on July 19, 2016. The Insider selling transaction had a total value worth of $128,207. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the health care industry. The Company caters to nursing homes, retirement complexes, rehabilitation centers and hospitals located in the United States. The Company operates its business in two segments: Housekeeping and Dietary. The Housekeeping segment includes housekeeping, laundry and linen. Housekeeping segment also includes laundering and processing the bed linens, uniforms and other assorted linen items utilized by a client facility. The Dietary segment includes dietary department services. Dietary consists of managing the clients dietary department, which is principally responsible for food purchasing, meal preparation and providing professional dietitian consulting services, which includes the development of a menu that meets a patients dietary needs.

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