Team Health Holdings (TMH) Shares are Down -2.82%

Team Health Holdings (TMH) : During the past 4 weeks, traders have been relatively bearish on Team Health Holdings (TMH), hence the stock is down -16.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.87% relative to the S&P 500. The 4-week change in the price of the stock is -15.8% and the stock has fallen -2.82% in the past 1 week.

The stock has recorded a 20-day Moving Average of 10.05% and the 50-Day Moving Average is 13.92%. Team Health Holdings (NYSE:TMH): On Fridays trading session , Opening price of the stock was $36.9 with an intraday high of $37.13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.05. However, the stock managed to close at $36.23, a loss of 1.90% for the day. On the previous day, the stock had closed at $36.93. The total traded volume of the day was 744,781 shares.


The company Insiders own 1.3% of Team Health Holdings shares according to the proxy statements. Also, In a research note released to the investors, Jefferies upgrades its rating on Team Health Holdings (NYSE:TMH).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on August 11, 2016.

Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).

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